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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Balfour Beatty    BBY   GB0000961622

BALFOUR BEATTY (BBY)
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Balfour Beatty : VINCI JV Gets HS2 Contracts Valued at GBP2.5 Billion

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07/17/2017 | 10:33am CEST

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 [email protected]; Twitter: @Raztweet

Stocks mentioned in the article
ChangeLast1st jan.
VINCI 1.45% 86.94 Real-time Quote.2.10%
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Financials ( GBP)
Sales 2018 7 471 M
EBIT 2018 160 M
Net income 2018 122 M
Finance 2018 277 M
Yield 2018 1,82%
P/E ratio 2018 19,82
P/E ratio 2019 14,38
EV / Sales 2018 0,24x
EV / Sales 2019 0,22x
Capitalization 2 078 M
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Balfour Beatty Technical Analysis Chart | BBY | GB0000961622 | 4-Traders
Technical analysis trends BALFOUR BEATTY
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 7
Average target price 3,38  GBP
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Leo Martin Quinn Chief Executive Officer & Executive Director
Philip Stanley Aiken Non-Executive Chairman
Philip J. Harrison Chief Financial Officer & Executive Director
Chris Johnson Group Chief Information Officer
Iain G. T. Ferguson Senior Independent Non-Executive Director
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