Balfour Beatty plc

Infrastructure firm Balfour Beatty expects a 20% jump in its year-end order book as the British government allowed construction work to begin on the new high-speed rail line, while other project wins also supported the company during the COVID-19 crisis.

British infrastructure contractor Balfour Beatty <BALF.L> sank to a 26 million pound pretax loss in the first half of 2020 as the COVID-19 crisis hampered construction work at several sites across its business.

Infrastructure company Balfour Beatty reported a pretax loss for the first half on Wednesday, as the COVID-19 crisis forced it to halt construction work at its projects in March and April.

Military housing landlord Balfour Beatty Communities, the focus of a Justice Department inquiry following Reuters reports it falsified maintenance logs, said it has taken steps to prevent the practice and make its homes safer for service families.

* SITES AND CONTRACTS WILL REMAIN OPERATIONAL WHERE CO ABLE TO APPROPRIATELY IMPLEMENT STANDARD OPERATING PROCEDURE Source text for Eikon: Further company coverage:

* BROADENS ITS LEADERSHIP STRUCTURE AND COMPLETES GROUP MANAGEMENT

Infrastructure company Balfour Beatty confirmed on Wednesday it would wait until it had a clearer understanding of the coronavirus situation before making any moves on its capital structure.

Infrastructure firm Balfour Beatty confirmed on Wednesday it would wait until it had a clearer understanding of the coronavirus situation before making any moves on its capital structure.

* BALFOUR BEATTY DELAYS BUYBACK AMID VIRUS TURMOIL - SKY NEWS Source text : http://bit.ly/2IDqpR8 Further company coverage:

A joint venture of Galliford Try <GFRD.L> and Balfour Beatty Plc <BALF.L> is in advanced discussions to settle claims related to the construction of a motorway project in Aberdeen, the British companies said on Monday.

Balfour Beatty Plc <BALF.L> said it expects annual profit to be slightly ahead of its expectations and increased its annual cash forecast on Thursday as it sold more infrastructure assets in the second half.

Balfour Beatty Plc said on Thursday it expects full-year profit to be slightly ahead of its expectations as it sold more infrastructure assets in the second half.

Three branches of the U.S. military have increased scrutiny of housing landlord Balfour Beatty Communities, with the Air Force demanding the company address health hazards and the Army and Navy announcing new inquiries of its maintenance practices.

Shares in Balfour Beatty <BALF.L> rose 13% after its underlying profit more than tripled in Britain where it is working on lower risk contracts such as major road improvements, a rail link, and a nuclear power station.

British infrastructure company Balfour Beatty Plc reported higher first-half underlying pretax profit and increased its annual cash forecast on Wednesday, buoyed by lower costs and higher margin projects.

The U.S. Air Force has suspended paying incentive fees at all 21 military housing bases operated by landlord Balfour Beatty Communities following a Reuters-CBS News report that the company falsified maintenance records at an Oklahoma base to help it qualify for millions...

A unit of British infrastructure group Balfour Beatty has appointed Hunton Andrews Kurth LLP to work with the U.S. Air Force and other authorities to investigate allegations that it falsified maintenance records at a U.S. Air Force base.

Balfour Beatty has appointed Hunton Andrews Kurth LLP to work with the U.S. Air Force and other authorities to investigate allegations that the construction group falsified maintenance records at a U.S. Air Force base.

Today Reuters revealed how Balfour Beatty, one of the largest housing providers for the U.S. systematically falsified its Tinker Air Force Base maintenance logs for years, helping it secure incentive fees as families awaited home repairs.