BALFOUR Beatty has hailed a ‘strong’ trading performance for the first half of the year, with full-year performance now anticipated to be ‘slightly ahead’ of prior guidance.
Group revenue for the six-month period was £5.563 million, up from £5.150 million for the same period in 2025. Pre-tax profit dipped slightly from £132 million to £129 million.
Current order book is over £3 billion higher than the corresponding period last year, sitting at £22.9 billion. Average net cash, meanwhile, increased from 1.212 million to £1.616 million. The half-year dividend increased by 12% to 4.7 pence per share.
Balfour Beatty attributed the higher revenue to rising demand in US Buildings and UK power transmission
Philip Hoare, Balfour Beatty group chief executive, said, “Balfour Beatty enters the second half with real momentum. Our strong first-half performance reflects the quality of our business, the discipline of our execution and, above all, the exceptional contribution of our people in delivering for our customers.
“We have continued to secure high-quality work, drive profitability and generate strong cash flow. By bringing together the best of our people, expertise and capabilities, we are supporting customers as they invest in the infrastructure which economies need to grow, now and into the future. Supported by a £23 billion order book, attractive growth markets and strong operational momentum, Balfour Beatty is well positioned to deliver these programmes safely, efficiently and at scale.
“Together, these strengths give us confidence in our outlook and in our ability to continue generating profitable growth and attractive returns for our shareholders.”
