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Balfour Beatty PLC Preliminary Results for the Year to 31 December 2005

Another year of progress in building shareholder value

Highlights

  • Comparable pre-tax, pre-exceptional profits up by 25%† to £134 million
  • Strong operating cash performance
  • Comparable adjusted earnings per share* up by 9%† to 24.1p
  • Order book increased by 12% to £7.6 billion
  • Three PPP concessions reach financial close
  • US civil engineering returns to profit
  • Directors’ valuation for PFI assets of £289 million
  • Final dividend of 4.6p, full-year dividend up 23% at 8.1p

"We have record order books and a number of preferred bidder positions. Our major markets are healthy and continue to offer substantial opportunity. We are clear about our priorities for the continued development of the business in both the medium and long
term and have the proven management capability to deliver. We are confident that we can continue to make progress in 2006.”

Sir David John, Chairman
Ian Tyler, Chief Executive

To download the News Release in full click on the link below:

2005 Preliminary Results.pdf (133KB)

 


//more press releases
09/03/2006
Balfour Beatty PLC Preliminary Results for the Year to 31 December 2005