Balfour Beatty 2018 interim results
Underlying profit from operations (PFO) increased by 69% to £66 million (2017: £39m)
Average net cash £161 million (2017: £45m); half-year net cash £366 million (2017: £161m)
Underlying UK Construction PFO £5 million (2017: £2m), after £15 million charge on Aberdeen Western Peripheral Route
Higher quality order book increased 11% to £12.6 billion (2017: £11.4bn), whilst maintaining Build to Last disciplines
Directors' valuation of Investments portfolio stable at £1.2 billion, post £108 million of sale proceeds
Interim dividend payment up 33% to 1.6 pence per share (2017: 1.2 pence)
