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Balfour Beatty increases its 2018 interim dividend by 33%

Investment Tools Ltd.
Balfour Beatty increases its 2018 interim dividend by 33%

Balfour Beatty 2018 interim results

Underlying profit from operations (PFO) increased by 69% to £66 million (2017: £39m)

Average net cash £161 million (2017: £45m); half-year net cash £366 million (2017: £161m)

Underlying UK Construction PFO £5 million (2017: £2m), after £15 million charge on Aberdeen Western Peripheral Route 

Higher quality order book increased 11% to £12.6 billion (2017: £11.4bn), whilst maintaining Build to Last disciplines

Directors' valuation of Investments portfolio stable at £1.2 billion, post £108 million of sale proceeds 

Interim dividend payment up 33% to 1.6 pence per share (2017: 1.2 pence)

Companies mentioned

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