Strategy and Vision
Balfour Beatty is a world-class engineering, construction, services and investment business, well positioned in infrastructure markets that offer significant long-term growth. We aspire to being the pre-eminent infrastructure company in the world.
We work in partnership with sophisticated customers who value the highest levels of quality, safety and technical expertise. Our skills are applied in appropriate combinations to meet individual customer need.
Our strategy is designed to continue reliable, responsible growth in shareholder value over the long term.
In 2006 we identified four areas where we intended to further develop our business to ensure that we will be able to maintain our target growth rates over the medium and long term. These were:
- UK regional contracting;
- Professional and technical services;
- Extension of our investment business into new markets;
- Establishing strong domestic businesses in selected overseas markets based on our UK model.
Since then:
- We have acquired Birse, Cowlin and a number of other small companies in the UK;
- Our professional services organisation, Balfour Beatty Management, is one of the fastest growing consultancies in the UK;
- Our UK Public Private Partnership (PPP) business, Balfour Beatty Capital, has established strong bases in the US, South-East Asia and Germany, and has acquired Exeter International Airport;
- We have also acquired Centex Construction in the US, which we renamed Balfour Beatty Construction.
We will continue to take appropriate action to develop our strategy successfully.
