Balfour Beatty lifts cash forecast after strong first quarter

Balfour Beatty has upgraded its cash forecast for the year after enjoying a bumper start to 2025.
Ahead of its AGM today, the contractor revealed that average monthly net cash hit £1.06bn in the first three months of the year — well above the £766m average recorded in 2024.
Bosses now expect average net cash for 2025 to come in between £900m and £1bn, marking a significant improvement on previous expectations.Trading remains in line with forecasts, with the board st