BALFOUR Beatty, the infrastructure group, has reported a 7% fall in underlying pre-tax profits as the company continued to face tough conditions in the UK construction sector.
Pre-tax profits fell to £310 million in the year to December 31, 2012, compared with £334m in 2011, as the company took steps to improve efficiencies and reduce its exposure to its traditional construction markets by moving into new sectors and territories.
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