Last checked at 
(Sharecast News) - Construction group Balfour Beatty said it expected full year profit from operations to be slightly ahead of expectations after additional infrastructure investment disposals in the second half.
The company on Thursday said profits would be "broadly" in line with 2018's £205m with revenue forecast to be around 5% higher than the prior year figure of £7.8bn.
Balfour's order book at the end of the financial year would be well above £14bn, the company said in a trading update, up from £12.6bn last year.
This did not include work on the HS2 high speed rail project, which had not been approved by the UK government and was subject to a review.
Average monthly net cash was now forecast to be around £310m, ahead of previous £280m - £300m guidance.
14 Aug 2019 12:03
LONDON MARKET MIDDAY: Stocks Slide After Fleeting Tariff Delay Rally
(Alliance News) - US-China trade optimism in markets gave way to doubts over the outlook for relations between the two, leading the FTSE 100 to slump nearly 70 points at midday on blue-chip index
Read more