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Balfour Beatty PLC (BALF.L)

BALF.L on London Stock Exchange

269.00GBp
23 Feb 2018
Change (% chg)

-1.30 (-0.48%)
Prev Close
270.30
Open
269.70
Day's High
270.50
Day's Low
267.90
Volume
1,486,456
Avg. Vol
2,226,826
52-wk High
311.70
52-wk Low
252.50

Latest Key Developments (Source: Significant Developments)

Balfour Beatty Says ‍Completed Third Partial Sale Of M25 Infrastructure Asset​
Friday, 23 Feb 2018 09:44am EST 

Feb 23 (Reuters) - Balfour Beatty Plc ::‍COMPLETES THIRD PARTIAL SALE OF M25 INFRASTRUCTURE ASSET​.COMPLETED AGREEMENT WITH FUNDS MANAGED BY EQUITIX INVESTMENT MANAGEMENT LIMITED (EQUITIX) TO SELL A 5 PERCENT STAKE IN CONNECT PLUS​.  Full Article

Balfour Beatty Joint Venture Awarded $1.95 bln Contract By Los Angeles World Airports For Automated People Mover
Tuesday, 20 Feb 2018 11:03am EST 

Feb 20 (Reuters) - Balfour Beatty Plc ::BALFOUR BEATTY JOINT VENTURE AWARDED $1.95 BILLION CONTRACT BY LOS ANGELES WORLD AIRPORTS FOR AUTOMATED PEOPLE MOVER.  Full Article

Balfour Beatty Seals Third Partial Sale Of M25 Infrastructure Asset
Monday, 19 Feb 2018 07:01am EST 

Feb 19 (Reuters) - Balfour Beatty Plc ::BALFOUR BEATTY ANNOUNCES THIRD PARTIAL SALE OF M25 INFRASTRUCTURE ASSET.‍SALE IS FOR A CASH CONSIDERATION OF £42 MILLION​.‍EXPECTED PROFIT ON DISPOSAL ON THIS TRANSACTION IS £22 MILLION​.PROCEEDS FROM THIS TRANSACTION WILL BE USED TO PAY DOWN BORROWINGS IN 2018.‍GROUP CONTINUES TO OWN A 15 PERCENT STAKE IN CONNECT PLUS.​.  Full Article

Balfour Beatty Says Joint Venture Awarded $1.95 Bln Contract
Friday, 16 Feb 2018 02:00am EST 

Feb 16 (Reuters) - Balfour Beatty Plc ::BALFOUR BEATTY JV AWARDED $1.95 BN CONTRACT.BALFOUR BEATTY - ‍HAS BEEN AWARDED, IN JV, A $1.95 BILLION (C. £1.4 BILLION) AUTOMATED PEOPLE MOVER CONTRACT AT LOS ANGELES INTERNATIONAL AIRPORT.‍CONTRACT BY LOS ANGELES WORLD AIRPORTS​.  Full Article

Balfour Beatty Repurchases Some Convertible Bonds Due 2018 ‍​
Wednesday, 14 Feb 2018 10:21am EST 

Feb 14 (Reuters) - BALFOUR BEATTY PLC ::HAS REPURCHASED £39,000,000 IN AGGREGATE PRINCIPAL AMOUNT OF THE £252,700,000 1.875 PCT CONVERTIBLE BONDS DUE 2018 ‍​.‍£213,700,000 IN AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE BONDS REMAINS OUTSTANDING​.‍CONVERTIBLE BONDS PURCHASED WILL EITHER BE SURRENDERED BY COMPANY TO ISSUER FOR CANCELLATION OR BE HELD UNTIL THEIR MATURITY DATE​.  Full Article

Balfour Beatty ‍Selected To Build A Office Tower In Dallas​
Tuesday, 13 Feb 2018 10:17am EST 

Feb 13 (Reuters) - BALFOUR BEATTY PLC ::‍SELECTED BY WESTDALE AND KDC TO BUILD EPIC, A 16-STORY OFFICE TOWER LOCATED IN DALLAS' HISTORIC DEEP ELLUM NEIGHBORHOOD​.  Full Article

Balfour ‍Beatty Announces Executive Promotions For U.S. Operations​
Monday, 12 Feb 2018 10:19am EST 

Feb 12 (Reuters) - BALFOUR BEATTY PLC ::‍ANNOUNCES EXECUTIVE LEADERSHIP PROMOTIONS FOR U.S. OPERATIONS​.‍PROMOTION OF LEON BLONDIN TO CHIEF EXECUTIVE OFFICER OF U.S. BUILDINGS OPERATIONS.‍PROMOTION OF JOHN REMPE, PE, TO PRESIDENT AND CHIEF EXECUTIVE OFFICER OF U.S. CIVILS OPERATIONS​.‍BLONDIN AND REMPE REPORT DIRECTLY TO BALFOUR BEATTY'S GLOBAL CEO LEO QUINN​.‍ERIC STENMAN HAS BEEN PROMOTED TO PRESIDENT OF BALFOUR BEATTY'S U.S. BUILDINGS OPERATIONS​.‍MIKE PHILLIPS HAS BEEN PROMOTED TO SERVE AS PRESIDENT OF COMPANY'S BUILDINGS OPERATIONS IN MID-ATLANTIC​.‍PLEAS MITCHELL HAS BEEN PROMOTED TO SERVE AS PRESIDENT OF BALFOUR BEATTY'S BUILDINGS OPERATIONS IN TEXAS​.  Full Article

Balfour Beatty Steps In To Complete Manchester Contract After Carillion Collapse
Friday, 9 Feb 2018 10:41am EST 

Feb 9 (Reuters) - BALFOUR BEATTY PLC ::‍BALFOUR BEATTY LIVING PLACES APPOINTED TO DELIVER MANCHESTER CITY COUNCIL'S GRITTING SERVICE AS CARILLION IS NO LONGER ABLE TO.CO HAS TAKEN OVER SERVICE AT SHORT NOTICE, CONTRACTED UNTIL END OF WINTER MAINTENANCE SEASON IN APRIL, AFTER WHICH COUNCIL WILL REVIEW ITS FUTURE PLANS​.  Full Article

Balfour Beatty Says Selected By Wokingham To Deliver £124 Mln Major Highways Programme
Monday, 22 Jan 2018 04:06am EST 

Jan 22 (Reuters) - Balfour Beatty Plc ::HAS BEEN SELECTED BY WOKINGHAM BOROUGH COUNCIL TO DELIVER THEIR £124 MILLION MAJOR HIGHWAYS PROGRAMME.WORKS ARE DUE TO COMMENCE THIS MONTH.‍CONTRACT HAS BEEN AWARDED UNDER SCAPE GROUP'S NATIONAL CIVIL ENGINEERING AND INFRASTRUCTURE FRAMEWORK​.AT CONSTRUCTION PEAK PROGRAMME WILL EMPLOY OVER 150 INDIVIDUALS.‍FOUR-YEAR PACKAGE OF WORKS WILL INCLUDE PLANNING, DESIGN AND CONSTRUCTION OF NINE VITAL ROAD SCHEMES IN WOKINGHAM​.  Full Article

Galliford Says To Discuss To Minimise Impact Of Carillion Bankruptcy On Aberdeen Contract With Scotland
Monday, 15 Jan 2018 06:04am EST 

Jan 15 (Reuters) - Galliford Try Plc ::‍NOTES ANNOUNCEMENT BY CARILLION PLC THIS MORNING​.‍GROUP IS IN JOINT VENTURE WITH CARILLION AND BALFOUR BEATTY ON £550 MILLION ABERDEEN WESTERN PERIPHERAL ROUTE CONTRACT​.GALLIFORD TRY - ‍TERMS OF CONTRACT ARE SUCH THAT REMAINING JOINT VENTURE MEMBERS, BALFOUR BEATTY AND GALLIFORD TRY, ARE OBLIGED TO COMPLETE CONTRACT​.‍CURRENT ESTIMATE OF ADDITIONAL CASH CONTRIBUTION OUTSTANDING FROM CARILLION TO COMPLETE PROJECT IS £60-80 MILLION​.GALLIFORD TRY - ‍COMPANIES WILL DISCUSS POSITION URGENTLY WITH OFFICIAL RECEIVER OF CARILLION AND TRANSPORT SCOTLAND, TO MINIMISE ANY IMPACT ON PROJECT​.‍HAS NO OTHER SIGNIFICANT CONTRACTS OR PROJECTS WITH CARILLION​.  Full Article

BRIEF-Balfour Beatty Says ‍Completed Third Partial Sale Of M25 Infrastructure Asset​

* COMPLETED AGREEMENT WITH FUNDS MANAGED BY EQUITIX INVESTMENT MANAGEMENT LIMITED (EQUITIX) TO SELL A 5 PERCENT STAKE IN CONNECT PLUS​ Source text for Eikon: Further company coverage: