Leo Quinn joined Balfour Beatty as chief executive at the start of 2015 with instructions to save the company after its 拢304m loss in 2014. He says that he expects the company to be achieving 鈥榠ndustry-standard margins鈥� within the year.聽聽
Leo Quinn said:聽 "The actions that we have taken during the first three years of Build to Last have laid a solid foundation for long term profitable growth.聽 We continue to invest in our capabilities while de-risking the business.
"The order book increasingly consists of projects bid and delivered under our enhanced transparency, governance and controls and I remain confident that the group will achieve industry-standard margins in the second half of 2018."
Balfour Beatty's full year 2017 results will be published in March 2018.
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