Finance
Balfour Beatty sees 20% order book jump in 2025 on UK power generation demand
Published by Global Banking and Finance Review
Posted on December 4, 2025
2 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on December 4, 2025
2 min readLast updated: January 20, 2026
Balfour Beatty forecasts a 20% order book increase by 2025, fueled by UK power generation demand, with profits expected to surpass last year's results.
Dec 4 (Reuters) - British construction and infrastructure group Balfour Beatty said on Thursday its order book would grow by around 20% in 2025, boosted by more than 3.5 billion pounds ($4.67 billion) of new power generation orders in the year.
The company said it is on track to meet its full-year expectations with underlying profit from operations set to exceed last year's 252 million pounds, as solid performance in domestic construction and support services offsets weaker results in the U.S. construction unit.
Rising demand for UK power transmission and distribution work, driven by a major national upgrade push in support of low-carbon energy goals and increased public infrastructure spending, has bolstered Balfour Beatty's support-services backlog and margins.
The company's shares rose to a fresh record high of 726.5 pence in early trading on Thursday, extending gains that began after Finance Minister Rachel Reeves unveiled her budget on November 26.
Analysts had noted that pledges in the budget to streamline nuclear regulations and boost public infrastructure investment will benefit construction firms such as Balfour Beatty.
New Chief Executive Philip Hoare, who took over in September, said the company would continue delivering profit growth from its earnings-based businesses in 2026 and confirmed further share buybacks next year.
($1 = 0.7498 pounds)
(Reporting by Raechel Thankam Job in Bengaluru; Editing by Subhranshu Sahu and Sherry Jacob-Phillips)
An order book is a list of buy and sell orders for a specific security or financial instrument, organized by price level. It provides insight into market depth and liquidity.
Power generation refers to the process of producing electricity from various energy sources, including fossil fuels, nuclear, and renewable sources like wind and solar.
Profit from operations is a measure of a company's profitability that reflects the earnings generated from its core business activities, excluding any income from non-operational sources.
Share buybacks occur when a company purchases its own shares from the marketplace, reducing the number of outstanding shares and often increasing the value of remaining shares.
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