Balfour Beatty disappoints with 2012 results

Balfour Beatty, the FTSE 250 international infrastructure group, disappointed with its 2012 results on Thursday, posting a 70 per cent decline in reported pre-tax profit from continuing operations.

Balfour Beatty, the FTSE 250 international infrastructure group, disappointed with its 2012 results on Thursday, posting a 70 per cent decline in reported pre-tax profit from continuing operations.

The figure dropped from £246m to £75m year-on-year, while basic earnings per share (EPS) from continuing operations fell 76% from 26.7p to 6.5p.

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