00:00 11 Dec 2007
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Visit Balfour Beatty's website
Balfour Beatty was founded by George Balfour and Andrew Beatty in 1909. It currently has more than 30,000 employees in 20 principal countries, and recruits over 100 new graduate entrants every year.
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In 2006, Balfour Beatty made a pre-tax profit of £125m from a turnover of £5.9bn. Currently, Balfour Beatty has a £9bn forward orderbook with more than £1bn of further work at the preferred bidder stage. Balfour Beatty was No.1 in the Contract Journal Top 100 league table of UK construction's biggest companies in 2007.
In 2006, Balfour Beatty made a pre-tax profit of £125m from a turnover of £5.9bn. Currently, Balfour Beatty has a £9bn forward orderbook with more than £1bn of further work at the preferred bidder stage. Balfour Beatty was No.1 in the Contract Journal Top 100 league table of UK construction's biggest companies in 2007.
Balfour Beatty's chief executive is Ian Tyler, a chartered accountant, who was appointed in 2005, succeeding Mike Welton.
Balfour Beatty has expanded rapidly in the last five years. Notable acquisitions have included Mansell and Birse. In 2007, it bought Bristol-based Cowlin Construction. Balfour Beatty has also grown its presence internationally, and in February 2007, bought US contractor Centex for £180m.
Balfour Beatty was part of the ill-fated Metronet consortium that was appointed by London Underground in 2003 to deliver two thirds of the Tube PPP (public private partnership) upgrade. Metronet went into administration in 2007 after failing to secure sufficient funding, and was later booted off the project.
Balfour Beatty reaches full settlement of issues relating to Bibliotheca Alexandrina project 11 Sep 2008
Balfour Beatty plc Results for the half-year ended 28 June 2008
Half year financial report 2008
In 2001, the Balfour Beatty Rail Projects and Balfour Kilpatrick joint venture was awarded the contract for the rail and tunnel systems extending the Heathrow Express and Piccadilly Line railways to Heathrow’s new Terminal 5 (T5)
The package comprised of the rail, trackwork, traction power and mechanical and electrical (M&E) works for a total of 10km of new railway being installed underground
Balfour Beatty’s third PPP hospital project reached financial close in July 2000, as a member of Health Management UCLH (HMU)
The teaching hospital comprises 16 floors above ground and two below, together with a five-storey wing
The hospital offers the very best of clinical healthcare to Londoners and others from around the country in a clinical, research and teaching centre of national importance
n 2004, Stent completed installing nearly 2,000 piles for the new Arsenal Football Club Emirates stadium, constructing pile with a total length of 30km in just three visits to the site
In total, 1,635 piles were constructed for the stadium and an additional 277 for the stadium’s podium structure
Stent worked closely with client Sir Robert McAlpine, the lead contractor, delivering the project two months early
Haden Building Management provides mechanical and electrical (M&E) services to the 60,000-seat stadium, which opened in July 2006, for client Arsenal
Laing O'Rourke,
130 Wilton Road,
London,
SW1V 1LQ,
United Kingdom
Telephone: +44 (0)20 7216 6800
Email: info@balfourbeatty.com