Balfour Beatty, the engineering company behind the transformation of the former Olympic Stadium into West Ham’s London Stadium made an £8m profit, after a £199m loss in 2015.
In the next few years it plans to be part of the High Speed 2 (HS2) project, the new nuclear power stations at Hinkley and Wylfa, and the third runway at Heathrow airport.
Balfour said it had allowed its business to become too complex after a series of takeovers and an overall lack of leadership and strategic direction.
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