Higher-margin deals and emerging markets growth have helped Balfour Beatty top its sector for a remarkable sixth year running. In October it won a £724m rail contract in Hong Kong, and it has signed a memorandum of understanding with Tata in India. Carillion boss John McDonagh is set to step down next year – he crowned his decade in charge with the acquisition of insulation firm Eaga in February for £306m, one of Carillion’s biggest ever deals. Profits up 25% this year to £2.2bn is good news for Kier, which is planning a move into outsourced council provisions to escape the moribund UK building market. The firm which laid the foundations for the 2012 Olympic stadium – Keller – is down one to fifth.
BMAC 2011 by sector: Heavy construction
|Sir Robert McAlpine||5.8||7||5.6||7||6.4||5||5.5||6|