Balfour Beatty

Balfour Beatty eyes role in private finance model funding

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Balfour Beatty is keen to be involved in the new government’s potential use of private finance for infrastructure projects, its chief executive has said. Speaking to analysts yesterday (14 August) after the publication of the contractor’s half-year results, Leo Quinn said he “would love to use our expertise” in the…

Balfour’s UK revenue dips

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Balfour Beatty's UK construction revenue dipped in the first half of the year, though the contractor’s worldwide turnover ticked up. Half-year results released this morning (14 August) show UK construction turnover stood at £1.46bn in the six months to 28 June 2024, down from £1.52bn in the same period in…

Balfour Beatty mandates AI cameras to tackle site deaths

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Balfour Beatty has become the first major contractor to mandate human-recognition cameras on large plant, in an effort to cut site deaths. The system uses cameras attached to machine ‘blind spots’ and AI software trained on images of humans to detect when someone is near heavy machinery, and then alerts…

The top 20 National Highways contractors revealed

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Costain was the largest single supplier to National Highways in 2023/24, just ahead of the Balfour Beatty-linked consortium that carries out M25 upgrade work, Construction News can reveal. It marks the third successive financial year that the contractor and consultant topped the roads body’s league table, and came despite a…

Balfour scoops £185m Highlands dualling job

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Balfour Beatty has nabbed a bumper job to dual part of the A9 in Scotland. The contract, worth £184.7m, will cover a 9.6km stretch of road between Tomatin and Moy. Once complete, there will be around 33km of continuous dual carriageway stretching from Inverness to Slochd. It is the first…

Balfour Beatty names new construction boss

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Balfour Beatty has hired Alstom Transportation’s UK and Ireland managing director to be its new head of construction. Nick Crossfield will become chief executive of Construction Services at the UK’s largest building firm, filling the role formerly carried out by Mark Bullock for three years before he retired. A statement…

Balfour boss ‘embarrassed’ if margin doesn’t double

Balfour boss reveals investigation into AWPR bridge design

Balfour Beatty chief executive Leo Quinn has said he would be “embarrassed” if the company does not double its roughly 2 per cent margin “in the current environment”.  Speaking on The Investor Download Podcast, published by asset manager Schroders, Quinn also said the UK’s largest contractor is undervalued given major…

Balfour lands £192m substations job

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Balfour Beatty has won a contract to build a trio of electrical substations in Argyll, western Scotland, worth £192m. The contractor has been selected by SSEN Transmission to build the three new 275kV substations in Craig Murrail, An Suidhe, and Crarae. The new substations form part of the client’s Argyll…

Sisk scores top league spot after signing for £300m stadium job

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John Sisk scooped top spot in the May league table after winning a bumper job at Manchester City’s Etihad Stadium. The £300m job, which will see Sisk build a new North Stand at the 53,000-seat stadium, sees Sisk take its first gold spot of 2024, according to construction data firm…

Balfour scoops Rolls-Royce nuclear sub plant expansion job

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Rolls-Royce has appointed Balfour Beatty as construction partner to double the size of an industrial complex used for key components of nuclear attack submarines. The aerospace and defence manufacturer selected the contractor to deliver expansion of its Raynesway site in Derby in line with increased demand from the Ministry of…