Home / Business and Economy / Balfour Beatty Eyes 20% Order Book Surge in 2025
Balfour Beatty Eyes 20% Order Book Surge in 2025
6 Dec
Summary
- Order book expected to grow 20% to £18.4bn in 2025.
- UK energy sector contributes over £3.5bn in new contracts.
- Revenue expected to surpass 2024 by over 5%.
British infrastructure firm Balfour Beatty is forecasting a robust 20% increase in its order book for 2025, projecting it to reach £18.4bn. This substantial growth is primarily attributed to strong activity within the UK Construction sector, significantly bolstered by over £3.5bn in new power generation contracts secured during the year. The company also anticipates its revenue for 2025 will exceed 2024 figures by more than 5%, driven by progress in key growth areas like UK energy and US buildings.
Underlying profit from Balfour Beatty's earnings-based businesses is expected to surpass last year's £252m, with UK Construction and Support Services leading the gains, though partially offset by lower profits from US Construction. Furthermore, the group anticipates between £30m and £40m in gains from infrastructure investment disposals in 2025. In the UK, steady delivery in Construction Services targets a 3% profit from operations margin, excluding insurance recovery.
