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Monday, 15th March 2010

Blackpool Airport owners 'bucking trend'

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Published Date:
03 July 2009
Construction giant Balfour Beatty which owns Blackpool Airport has said its building division had improved performance.
The group, which has a £12.8 billion order book, reported on Friday that it had outstripped last year's figures despite facing many tougher battles for land contracts.

It bucked a "more competitive" environment to report "steady" UK trading and a
stronger showing in the US helped by new deals and acquisitions.

Despite flagging markets in parts of its UK rail business, the firm has made good progress on a host of road projects and began work in May on a major £6.2 billion scheme to widen the M25 motorway.

Balfour Beatty bought a 95% stake in Blackpool International Airport's through its investment and development group, Regional and City Airports, for £14m last year.



lep business





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  • Last Updated: 03 July 2009 7:46 AM
  • Source: n/a
  • Location: Preston
 
 

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