UK Construction “key driver” in Balfour profit boost

The return to profitability at UK Construction was the “key driver” of an improvement in group results unveiled by Balfour Beatty this morning.
Underlying profit from operations at the UK Construction business hit £59m for the year to December 31 2022 from a £2m loss last time caused by write-downs on London residential projects.
Turnover at UK Construction ticked-up to £2,763m from £2,593 driven mainly by increased activity on HS2 and Hinkley Point C which mo