Balfour Beatty shares jump 10% to record high as it cashes in on infrastructure projects in US and UK

Balfour Beatty shares reached a record high today as it nudged its annual profit forecasts higher.

Balfour Beatty shares reached a record high today as it nudged its annual profit forecasts higher.

The FTSE 250 firm, which has a market capitalisation worth more than £4 billion, cheered a ‘strong’ performance for the half-year.

The FTSE 250 firm, which has a market capitalisation worth more than £4 billion, cheered a ‘strong’ performance for the half-year.

The FTSE 250 firm, which has a market capitalisation worth more than £4 billion, cheered a ‘strong’ performance for the half-year.

Balfour Beatty has boosted its earnings and cash flow targets, as the construction firm’s “real momentum” defies wider gloom facing the sector.  The group, which works with the government on major infrastructure projects, has seen the value of its order book jump by 17 per cent to £22.9bn in the six months to June, as…