Britain's Balfour expects to restart dividend from half year
March 15 (Reuters) - Britain's Balfour Beatty Plc (Other OTC: BAFBF - news) expects to restart its dividend at the half year stage in 2016, it said on Tuesday, after its order book and revenues stabilised.
The construction company posted a wider underlying pretax loss from continuing operations, before one-off items, of 123 million pounds ($175 million) for the financial year ended Dec (Shanghai: 600875.SS - news) . 31, citing challenges with its historic UK projects.
It (Other OTC: ITGL - news) had reported a comparable loss of 80 million pounds a year earlier.
($1 = 0.7013 pounds) (Reporting by Esha Vaish in Bengaluru; Editing by Mark Potter)