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Balfour Beatty

Trading update states:

Balfour said year-end net cash is expected to be about £40 mln in line with the prior year
Group performance in 2017 remains in line with Board expectations
The business is increasingly confident of achieving industry-standard margins in the second half of 2018
The Group continues to win new business in its chosen markets on terms and at rates which reflect the bidding discipline and risk management introduced under Build to Last

As of 9.35am the stock was trading up c. 0.9% at c. 274.5p


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