The contractor's annual meeting proved to be the shot that lifted its share price 12.4% to 34p. David Jeffries led the offensive, declaring that the company was perfectly positioned to catch the government's drive to improve transport infrastructure and hospitals. Recently the company won a contract with Balfour Beatty on the A303, which is part of the government's £22bn strategic road programme.
Batting on a stickier wicket was Berkeley. Its share price fell 4.4% to 666.5p on the news that board director Tim Farrow has left for the pavilion earlier than expected. The 46-year-old was due to go in October, but this has been brought forward five months after Berkeley completed several deals in double-quick time.
Retirement homes specialist McCarthy & Stone was hit by a 4% drop to 404p. But this is just a bad run for a company that has had a good season, well up on its year-low price of 272.5p.
Atkins is also playing well. A dip of 2% took the share price to 245p last week, but this is well up on the end of last year, when it was just 52p.
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