黑洞社区

Balfour Beatty鈥檚 preliminary results for the year ended 31 December 2008 show turnover up 27% to 拢9.486bn with pre-tax profits rising 24% to 拢249m.

鈥淏alfour Beatty produced another excellent financial performance in 2008, together with further progress in the Group鈥檚 strategic development,鈥� said chief executive Ian Tyler.

鈥淲e are strong both operationally and financially and the majority of our work is with public sector and regulated customers, who are long-term investors in infrastructure.

鈥淲hile the difficult economic environment will have some impact on our businesses and creates greater uncertainty, we anticipate making progress in 2009.鈥�

Balfour Beatty鈥檚 order book was 拢12.8bn at the end of 2008, benefiting from acquisitions and exchange, with 拢4.9 billion of further work at preferred bidder stage.

鈥淭here was very satisfactory organic growth in Balfour Beatty鈥檚 established businesses,鈥� said Tyler.

鈥淧erformance was held back by a write-down on a large UK building services project pending resolution of income recovery negotiations, and the write-off of a receivable from a property developer.

鈥淥ur facilities management business, now renamed Balfour Beatty WorkPlace [formerly Haden 黑洞社区 Management], grew strongly.鈥�