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BBY Balfour Beatty Plc

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Share Name Share Symbol Market Type Share ISIN Share Description
Balfour Beatty Plc LSE:BBY London Ordinary Share GB0000961622 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Engineering Services 9.6B 197M 0.3628 10.06 1.98B

Balfour Beatty VINCI JV Gets HS2 Contracts Valued at GBP2.5 Billion

17/07/2017 9:47am

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Balfour Beatty (LSE:BBY)
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By Razak Musah Baba

 

LONDON--Balfour Beatty PLC's (BBY.LN) VINCI joint venture has received two contracts worth a total 2.5 billion pounds ($3.22 billion) for High Speed 2, the proposed high-speed railway linking London, Birmingham, the East Midlands, Leeds and Manchester.

The international infrastructure group said together with VINCI Construction it will deliver on a two-part design-and-build contract.

Main construction work is scheduled to start in 2018-19, following a period of detailed design work, Balfour Beatty said.

 

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

 

(END) Dow Jones Newswires

July 17, 2017 04:32 ET (08:32 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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