Does Balfour Beatty (LSE:BBY) Depend More on Public Finances Than on Property Yields?

Does Balfour Beatty (LSE:BBY) Depend More on Public Finances Than on Property Yields? →

Highlights Construction groups depend on order pipelines rather than asset valuations Elevated government borrowing costs tighten room for public infrastructure programmes Contract structure and risk allocation shape profitability more than…