{"id":9462,"date":"2025-12-04T07:47:13","date_gmt":"2025-12-04T07:47:13","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=9462"},"modified":"2025-12-04T07:47:13","modified_gmt":"2025-12-04T07:47:13","slug":"balfour-beatty-orders-power-up-20-to-record-18-4bn","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/balfour-beatty-orders-power-up-20-to-record-18-4bn\/","title":{"rendered":"Balfour Beatty orders power up 20% to record \u00a318.4bn"},"content":{"rendered":"

Balfour Beatty is set to close the year with a turbocharged order book and cash pile as the UK energy boom powers the pipeline to record levels.<\/p>\n

This morning Balfour said it would reach year-end with an order book around 20% higher at roughly \u00a318.4bn, driven by more than \u00a33.5bn of new UK power-generation work and the long-awaited inclusion of \u00a33bn of Sizewell C civils.<\/p>\n

Revenue is expected to come in more than 5% ahead of last year\u2019s \u00a310bn, with UK construction and support services trading strongly, generating a 3% group operating margin.<\/p>\n

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The UK largest contractor expects average monthly net cash to hit a record \u00a31.2bn.<\/p>\n

New chief executive Philip Hoare said the scale of the pipeline and the quality of upcoming work gave the business a platform for another year of operational profit growth in 2026. A fresh share buyback will also start in January.<\/p>\n

In the US, the buildings arm has surged with revenue up around 25% following 18 months of rapid pipeline conversion. Recent wins include $750m of correctional facilities and a further $400m of data-centre contracts.<\/p>\n

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Support services also powered ahead with revenue up around 15%, helped by continued growth in power transmission and new slots on National Grid\u2019s HVDC framework and SP Energy Networks\u2019 strategic overhead-line programme. Margins remain near the top end of the 6-8% target range.<\/p>\n

The group has returned \u00a3189m to shareholders this year through buybacks and dividends, and will restart repurchases in January ahead of announcing the full 2026 buyback at March results.<\/p>\n

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from Construction Enquirer https:\/\/ift.tt\/mvc87pE<\/p>\n","protected":false},"excerpt":{"rendered":"

Balfour Beatty is set to close the year with a turbocharged order book and cash pile as the UK energy boom powers the pipeline to record levels. This morning Balfour said it would reach year-end with an order book around 20% higher at roughly \u00a318.4bn, driven by more than \u00a33.5bn of new UK power-generation work […]<\/p>\n","protected":false},"author":1,"featured_media":149,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[9],"class_list":["post-9462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-construction-enquirer"],"_links":{"self":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/9462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/comments?post=9462"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/9462\/revisions"}],"predecessor-version":[{"id":9463,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/9462\/revisions\/9463"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/148"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=9462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=9462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=9462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}