Balfour Beatty ein Dividenden Star?
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Eröffnet am: | 29.05.13 18:27 | von: roadrunnerbla. | Anzahl Beiträge: | 8 |
Neuester Beitrag: | 21.06.17 07:04 | von: Finanzm3344 | Leser gesamt: | 8.685 |
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Nicht ganz auszuschliessen ist es, dass keine friedliche Fusion angestrebt wird, sondern es sich eher um eine Uebernahme geht. Analysten hier in der City gehen davon aus, dass Carillion Uebernehmer wird. Balfour Beatty ist nämlich recht schwach im Geschaeftsergebnis und hat derzeit keinen wirklichen Unternehmenschef („CEO“). Als Uebernahmepreis wurde in der letzten Woche 300 pence je Balfour-Aktien herumgereicht. Aktueller Balfour-Kurs ist 254 pence.
Bis zum 31. August haben beide Unternehmen Zeit, formal bei den Boersenbehoerden ihre Absicht zur Fusion resp. Uebernahme anzuzeigen.
Ich denke, dass Uebernahmefantasien weiter die Runde machen werden. Aber dabei mitspielen? Das ist nur fuer wirklich Hartgesottene ueberlegenswert. Ich bin nicht dabei. Verhaeltnis Gewinn zu Risiko ist mir zu hoch.
Es wird tatsaechlich noch immer darauf spekuliert, dass B. ein Uebernahmekandidat bleibt. Denn als "reines" Bauunternehmen ist B. nur ein kleine Kugel im Rosenkranz-der-Internationalen-Bauunternehmen. Vielleicht zu klein...?
The company behind Crossrail and the transformation of the former Olympic Stadium into West Ham's ground made an £8m profit, after a £199m loss in 2015.
Balfour said it had allowed its business to become too complex after a series of takeovers.
Chief executive Leo Quinn said the company's leadership, processes and controls had been upgraded.
"The transformation of Balfour Beatty is well under way," he said.
High profile projects
The company said that, by 2014, it had become overly complex following more than a decade of acquisition-led growth.
It added there had been an overall lack of leadership and strategic direction, and that its businesses had a tendency to compete with each other. However, Balfour says its business has now been simplified.
The company is involved in some of the country's highest profile building projects.
As well as Crossrail, which will link west and east London, it is upgrading motorways and working on the Thames Tideway Tunnel.
In the next few years it plans to be part of the country's three biggest infrastructure projects: High Speed 2 (HS2), the new nuclear power stations at Hinkley Point C and Wylfa, and the third runway at Heathrow airport.
'Reasonable foundations'
Analysts have been encouraged by the company's progress.
"The self-help phase of the turnaround plan has restored the group to reasonable foundations, with the all-important construction division back in profit in the second half," said Nicholas Hyett, equity analyst at Hargreaves Lansdown.
"The strategy now calls for the group to rebuild margins towards something close to industry standard - at around 2% it's not an overly ambitious target on the face of it, but something Balfour have failed to achieve for some time," he said.
Balfour said it was upbeat about prospects as the "trading environment in the group's core UK and US markets remains positive".
"In the UK, government policy is helping to drive a strong pipeline of major infrastructure projects in transport and energy.
"In the US, the new administration has made infrastructure one of its key priorities."