Balfour Beatty plc announce an interim dividend of 3.5pence per share

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Balfour Beatty plc announce an interim dividend of 3.5pence per share

The Balfour Beauty plc Board expects the interim dividend to be roughly one third of the prior year's full year dividend. Aligned to this, the Board has declared an interim dividend of 3.5 pence for 2023

Other financial highlights include:

Revenue up 9% to £4.5 billion (2022: £4.1 billion)

Underlying profit from operations (PFO) from earnings-based businesses up 12% to £95 million (2022: £85 million)

Group PFO down 6% due to timing of disposals and lower Infrastructure Investments profit

Underlying profit before tax up 13% and underlying EPS up to 13.0 pence per share (2022: 12.9 pence)

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