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Fri October 30 2020

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Balfour Beatty order book reaches £14bn

12 May 10 Balfour Beatty’s order book has passed the £14bn mark.

Balfour Beatty’s order book has passed the £14bn mark.

In a positive trading statement, the UK's biggest construction company announced that it has won £700m of water work under AMP5 and has secured £250m worth of local authority outsourcing work, taking its total orders to £14.1bn.

It has £400m of cash, which is back to the same the level before the firm bought Parsons Brinckerhoff last year.

Balfour Beatty also raised £24m from the sale of the Aberdeen waste water concession.

The contractor said orders were holding up well and its regional contracting businesses was trading in line with expectations.

Balfour Beatty added it was now focused on building up private sector workloads.

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