Balfour Beatty First Half 2024 Earnings: EPS: UK£0.18 (vs UK£0.11 in 1H 2023)

Balfour Beatty (LON:BBY) First Half 2024 Results

Key Financial Results

• Revenue: UK£3.89b (up 1.9% from 1H 2023).
• Net income: UK£96.0m (up 52% from 1H 2023).
• Profit margin: 2.5% (up from 1.7% in 1H 2023). The increase in margin was driven by higher revenue.
• EPS: UK£0.18 (up from UK£0.11 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Balfour Beatty Earnings Insights

Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Construction industry in the United Kingdom.

Performance of the British Construction industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Balfour Beatty that you need to take into consideration.

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