Balfour Beatty (BBY) RNS Announcements

Balfour Beatty plc, founded in 1909, is an international infrastructure group based in the United Kingdom. Here are some interesting facts about Balfour Beatty:

1. Diverse Capabilities:

   - Balfour Beatty operates across three key areas:

     - Construction Services: They undertake construction projects, from buildings to major infrastructure.

     - Support Services: Their services span maintenance, operations, and facilities management.

     - Infrastructure Investments: They invest in critical infrastructure projects.

   - With a workforce of 25,000 employees across the UK, US, and Hong Kong, Balfour Beatty is a significant player in the industry.

2. Financial Standing:

   - Balfour Beatty is a constituent of the FTSE 250 Index.

   - Their revenue in 2022 reached £8,931 million, with an operating income of £174 million and a net income of £287 million.

3. Historical Roots:

   - The company's founders were George Balfour, a mechanical and electrical engineer, and Andrew Beatty, an accountant.

   - Initially focused on tramways, they expanded into electric power, tramway companies, and bus services.

   - During World War I, Balfour Beatty contributed to building army camps.

   - They played a significant role in Scotland's hydroelectric power development and worked on London Underground projects.

4. Global Reach:

   - Balfour Beatty operates in the UK, US, and Hong Kong, contributing to vital infrastructure projects.

   - In 2021, it was ranked as the largest construction contractor in the United Kingdom by turnover.

In the world of investing, Balfour Beatty's stock is traded on the London Stock Exchange (LSE) under the ticker symbol BBY. As an infrastructure group, Balfour Beatty continues to shape the future of critical infrastructure while serving local communities and national economies.