Balfour Beatty backs outlook amid strong demand and in-line order book

(Alliance News) - Balfour Beatty PLC on Thursday retained full-year guidance as it reported ...

Alliance News 7 May, 2026 | 12:32PM
Email Form Facebook Twitter LinkedIn RSS

(Alliance News) - Balfour Beatty PLC on Thursday retained full-year guidance as it reported positive momentum in key markets has continued into 2026.

The London-based international infrastructure construction firm said it has performed "well" year to date. It continues to expect high single digit percentage growth in profit from operations from its earnings-based businesses in 2026, with no change to the guidance given at full year results in March.

The FTSE 250-listing said its contract mix continues to provide strong protection from the "volatile macroeconomic backdrop and related inflationary pressures."

Positive momentum in key markets has continued into 2026, with demand remaining strong, the firm said.

"The group continues to apply a disciplined and selective bidding approach in pursuit of a high‑quality, low‑risk forward order book, which at the end of Q1 remained in line with the year‑end position," it added.

The GBP200 million share buyback is on track to be completed by the end of the year, with around GBP54 million completed to date.

Shares in Balfour Beatty rose 0.8% to 869.00 pence each in London on Thursday.

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2026 Alliance News Ltd. All Rights Reserved.

Email Form Facebook Twitter LinkedIn RSS

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Balfour Beatty PLC 864.00 GBX 0.23 -

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.

© Copyright 2025 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures