Mar 12, 2025 / 09:00AM GMT
Leo Quinn - Balfour Beatty PLC - Group Chief Executive, Executive Director
(video playing)
Good morning. Welcome to our 2024 full year results. I'm joined here by Phil Harrison, my very able-bodied wingman, who, is going to talk to you about the financial side of things, and I'm going to talk about the aspiration in the future. Let's start off. You can read the numbers.
I think they're all very good increase in profit. Love the fact that we finished with nearly a GBP1 billion worth of cash in the bank. By the way, I'm going to use this nearly a billion many times in this presentation, so don't confuse the cash and the share buybacks and all the other bits and pieces. I'll be quite clear on it. And of course, you know the GBP18.4 billion backlog or order book with improved quality of margin and de-risk and then of course you know the increased share buyback this year.
But I want to start by going back to 2014 and really what's behind all of this. And it's quite interesting when you go back and you look at the presentation, back in 2014, I think to the nine month point our cash
Full Year 2024 Balfour Beatty PLC Earnings Call Transcript
Mar 12, 2025
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