In its latest Interim Management Statement, covering the period 1 January to 9 May 2011, Balfour Beatty has said that its AMP5 water utility revenues are now increasing.
The international infrastructure group said that overall, performance had been consistent with the outlook given at the time of the full-year results, and it expected to make further progress this year.
Contract wins during Q1 have advanced the order book from the £15.2 billion year-end figure despite an adverse foreign exchange translation impact. In Professional Services, the Group’s order book at the end of March was described as “modestly ahead of expectations” with good wins in Power in the Americas partly offset by difficult market conditions in the UK.
However, Balfour Beatty said that with AMP5 water utility revenues increasing as expected, it was making overall good progress in Support Services.
In the UK, the construction order intake in the first quarter was ahead of expectations, primarily due to contracts won by the regional UK building business, including Rok contracts and the confirmation of the award of a Crossrail contract for the civil engineering business.
In April, Balfour Beatty’s Rail division agreed to sell its UK trackwork manufacturing business. The sale followed the evolution of the procurement model over the last few years which eliminated the competitive advantage of the Group owning manufacturing capability.
Balfour Beatty also announced today that it has clinched local authority contracts worth £200 million. The group said the contracts were notable in highlighting the changes in local authority requirements, with a marked shift towards larger, multi-activity contracts and bundling together of contracts from more than one local authority.
In April, the Group acquired Power Efficiency, an employee-owned energy procurement and carbon strategy consultancy, for a cash consideration of up to £18 million. Balfour Beatty said the the acquisition had strengthened its ability to maintain large complex portfolios, monitor consumption and deliver end-to-end energy and carbon management services.
The Group also has a good pipeline of PPP projects in place for which it is currently bidding, including opportunities in fire and rescue and police stations, waste to energy systems, roads and hospitals.
Balfour Beatty said that over the medium and long term, it expected global infrastructure to be an attractive growth market – however, in the short term, it was not expecting “a meaningful recovery” in the UK and US infrastructure markets.
James Sumsion, CEO of predictive water intelligence specialists Kohtari, says the water sector needs to take a giant leap forward, so that it can anticipate and act upon water quality issues - rather than merely react.
Ray Moulds, Sales Director at Flood Control International, takes a look at how automated sliding floodgates are supporting secondary containment at water and sewerage company sites.
With the UK government demanding a 50% reduction in storm overflow spills by 2029, the era of reactive management is over. Speaking in the House of Commons on 21 July 2025, then environment secretary Steve Reed said, “This Government will cut water companies’ sewage pollution in half by the end of the decade.”
ERG, the leading supplier of odour control systems and industrial gas cleaning & thermal systems, has been awarded the coveted King’s Award for Enterprise.
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply.
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.
Find out more about the remarkable career opportunities on offer at WSP - scroll down to watch the inspirational video.