Aberdeen road dogs recovering Balfour Beatty

By Jordan Marshall2018-08-15T07:33:00

Improved margins and profit hampered by further financial hits on problem-plagued Scottish road job

Balfour Beatty’s pre-tax profit and margins have risen despite the firm taking another financial hit on its problem road job in Aberdeen.

In its 2018 half-year results, which were published today, the country’s biggest contractor recorded a total pre-tax profit figure of £50m for the six months to June, well up on the same time last year when it delivered £12m.

It also hit margin targets in two out of three areas with the UK construction business the only one to miss.

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