StockMarketWire.com - Infrastructure group Balfour Beatty said profit was expected to be slightly ahead of expectations following additional asset sales in the second half of the year.

Profit from operations for the full year was expected to be 'slightly ahead of the board's expectations, but broadly in line with prior year's of £205m. Full-year revenue was expected to be approximately 5% higher than prior year's £7.8bn.

The year end order book, meanwhile, was expected to be in excess of £14bn, 'significantly higher than 2018's £12.6bn,' Balfour Beatty said.

The company disposed of four assets at, or above, valuation and the full year gain on disposal of interests in Infrastructure Investments was now expected to be around £50m, compared with £80m a year earlier.

At 8:03am: [LON:BBY] Balfour Beatty PLC share price was +8.2p at 238.6p



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