Balfour Beatty PLC

BBY

Equity

ISIN GB0000961622 / Valor 372870

LSE London Stock Exchange, SETS (2025-11-14)

GBP 6.59-0.53%

Balfour Beatty PLC
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About company

Balfour Beatty PLC is a leading international infrastructure group with a significant presence in the construction and engineering sectors. Established in the early 20th century, the company has expanded its operations through strategic acquisitions and organic growth, positioning itself as a key player in the global market. Balfour Beatty's business encompasses a wide range of services, including construction services, civil engineering, and the development of public-private partnership (PPP) projects. The company has a strong foothold in the United Kingdom, the United States, and Hong Kong, reflecting its strategic focus on these three geographies. Over the years, Balfour Beatty has broadened its portfolio by acquiring companies such as GMH’s Military PPP accommodation business, Centex Construction in the US, Mansell, and Birse in the UK, as well as establishing a significant joint venture, Gammon Construction, in Hong Kong. Additionally, the formation of Balfour Beatty Investments in the 1990s marked the company's foray into financing solutions, further diversifying its service offerings to meet the comprehensive needs of its customers in achieving their project goals.

Summarized from source with an LLMView SourceSector: Industrials

Profitable Growth

Underlying profit from operations (PFO) grew by 7% to £252 million, while underlying profit before tax increased by 11%. Earnings per share rose by 17% to 43.6p, reflecting robust performance from Balfour Beatty’s earnings-based businesses.

Diversified Portfolio

The company’s PFO grew across all segments, with Construction Services up by 2% to £159 million, Support Services increasing by 16% to £93 million, and Infrastructure Investments reaching a directors’ valuation of £1.3 billion, up 3% from the previous year.

Financial Strength

Balfour Beatty enhanced shareholder returns by increasing the full-year dividend by 9% to 12.5p per share and confirming a £125 million share buyback for 2025. The company also reported an average net cash of £766 million, up from £700 million in 2023.

Positive Outlook

The company maintains a positive outlook with a high-quality order book of £18.4 billion and expects continued profitable growth in 2025 and 2026. Balfour Beatty is well-positioned to capitalize on opportunities in UK energy, transport, defence, and US buildings, supported by a highly engaged workforce.

Summarized from source with an LLMView Source

Key figures

50.3%1Y

119%3Y

170%5Y

Performance

21.8%1Y

22.1%3Y

23.4%5Y

Volatility