Balfour Beatty (GB:BBY) has released an update.
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Balfour Beatty, an international infrastructure group, anticipates strong earnings growth in 2024 with a projected increase in order book and revenue, particularly from UK energy and US buildings sectors. The company highlights its strategic share buybacks and robust financial performance driven by its Support Services segment, while maintaining a strong capital position for future shareholder returns. Operationally, Balfour Beatty continues to secure significant contracts, including major projects in the UK, US, and Asia, supporting its growth momentum.
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