Balfour Beatty sees slightly higher annual profits, raises cash forecast
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(Reuters) - Balfour Beatty Plc said it expects annual profit to be slightly ahead of its expectations and increased its annual cash forecast on Thursday as it sold more infrastructure assets in the second half. The London-based company has sought to shore up cash and profitability in its home market as the infrastructure sector gets fewer contracts since the country voted to leave the European Union. However, a survey showed last week that the pace of decline in British construction eased in..