Dialogue with Shareholders
The Company has continued its long-established programme of communication with institutional investors and brokers throughout 2007.
Presentations of the half year and full year results were made in accordance with the practice of previous years. Some 60 meetings have been held at regular intervals through the year with institutional shareholders, in addition to meetings with brokers and analysts, and a number of analysts and key shareholders were invited to visit the operations of Balfour Beatty Construction in the USA in October 2007. This programme will continue and be expanded where appropriate, subject to the constraints of regulation and practice.
Reports to the Board on meetings or other contact with shareholders or their representatives are made by executive Directors on a regular basis.
As before and on occasion, the Chairman attends meetings with shareholders and any non-executive Director is always welcome to do so too. The nonexecutive Directors continue to believe that, through their direct and ready access to, and contact with, the Chairman, through Mr Walvis, the senior independent Director, and through the regular reports to the Board, they are kept fully aware of the views of the larger shareholders in the Company and the investment community generally.
