Balfour Beatty profit dented by £83m building safety hit

A reassessment of building safety work dented Balfour Beatty pre-tax profits last year which slipped 14% to £214m.
But underlying profit from operations edged up 7% to £252m helped by improved profitability in UK Construction and higher volumes at Gammon.
This was partially offset by reduced profits in US Construction.Overall revenue remained stable, up 4% to just over £10bn.
Balfour Beatty said it has increased building remediation provisions by £83m following a full ass