Construction group's 2007 results are on track despite recent turbulence in financial markets

Henry Boot has said results for the year ended 31 December 2007 will be in line with market expectations.

According to City forecasts, turnover will be £134.22m, down from £142.28m last year, and pre-tax profit will be £47.09m, up from £40.79m in 2006.

Despite what it called the “recent turbulence in the financial markets” it said construction had had a good year and was carrying a record order book into 2008.

In the six months to 30 June 2007, it made an interim pre-tax profit of £13m on the back of £51m turnover. The construction arm made £3.2m on turnover of £29m.

Henry Boot has four operating divisions: property, land management, construction and plant hire.