London · Delayed Price · Currency is GBP · Price in GBX Balfour Beatty Earnings Call Transcripts
Fiscal Year 2026
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Profitable growth and strong cash performance in H1 2026, with revenue up 8% and PFO up 42% year-over-year. Upgraded guidance for full-year PFO and net cash, supported by a GBP 23 billion order book and major contract wins in UK and US growth markets.
Fiscal Year 2025
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Strong 2025 results with 8% revenue growth, record GBP 22.7bn order book, and 9% EPS increase. U.K. construction margins exceeded targets, U.S. and support services showed robust growth, and disciplined capital allocation supports continued shareholder returns.
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Record order book and pipeline, strong cash generation, and robust segment performance underpin confidence in exceeding full-year expectations. U.K. construction margins hit 3% ahead of schedule, while support services and power transmission drive growth.
Fiscal Year 2024
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Revenue rose 4% to £10bn and profit increased 11% to £227m, with strong cash generation and a record £18.4bn order book. Margins improved across key segments, and over £1bn was returned to shareholders in five years, with similar returns targeted ahead.
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Momentum in earnings and bookings continues, with H1 revenue up 3% and profit for the period up 9%. Strong order book, improved margins, and robust shareholder returns position the business for further growth, despite industry capacity constraints.