Pounds 17 Million Us Hit Spoils the Picture for Balfour Beatty
Evening Standard - London › August 16, 2006
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Summary
A POOR performance in the US took the shine off strong results from road, rail and private finance initiative construction giant Balfour Beatty.
The group is taking a Pounds 17 million writedown on the value of Balfour Beatty Construction Inc, including a write-off of the goodwill on the $16 million (Pounds 8.5 million) acquisition of National Engineering and Contracting Company in 2001.See the full content of this document
Extract
Pounds 17 Million Us Hit Spoils the Picture for Balfour Beatty
It said business was g...
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