Balfour Beatty sees ‘difficult’ market

10 January 2012

Ian Tyler, Balfour Beatty chief executive

Ian Tyler, Balfour Beatty chief executive

UK-based contractor Balfour Beatty said its order book had remained stable in the year 2011 at over £15 billion (€18.2 billion), as increases in its US construction orders were offset by reductions in UK orders.

The company said that while overall trading remained in line with its expectations, it would continue to manage its business "on the basis that conditions in our core markets will remain difficult".

It added that it would seek to position itself to take advantage of positive medium, and long-term prospects for infrastructure markets.

Latest News
CSCEC-built spiral tunnel officially recognised as world’s longest
A spiral tunnel in China, built by Chinese construction giant China State Construction (CSCEC), has been recognised as the world’s longest
Consortium wins €302m deal to build Swiss railway plant
A consortium led by Swiss construction company CSC Costruzioni has won a contract worth €302 million (US$327 million) to build a new railway plant in Switzerland
Epiroc to acquire French attachments manufacturer
Swedish OEM continues massive attachments expansion following Stanley acquisition