LONDON, July 3 British infrastructure group
Balfour Beatty said trading at its mechanical and
electrical engineering division had worsened, resulting in a 35
million pound ($60 million)profit shortfall.
The company said on Thursday that the shortfall would be
broadly offset by targeted public-private partnership disposals
in the second half of the year.
It said there had been no material change elsewhere in its
operations, and its overall pretax profit expectations for the
year were unchanged, in the range 145 million pounds to 160
($1 = 0.5877 British Pounds)
(Reporting by Paul Sandle; editing by Kate Holton)