LONDON (dpa-AFX) - Balfour Beatty plc (BBY.L) said overall trading remains in line with its expectations, further to its Interim Management Statement of November 10, 2011.
In a trading update, the company noted that order book remained stable over the year despite weak market conditions in some of its core markets at a level in excess of 15 billion pounds. During the year, Support Services and US Construction order books increased while the UK Construction order book contracted.
Looking ahead, the company continues to manage the business on the basis that conditions in its core markets will remain difficult while positioning the Group to take advantage of the positive medium and long-term prospects for infrastructure markets.
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