The UK government's green light in February of the London-to-Birmingham high speed rail megaproject (HS2), despite its controversial escalating cost, will be “transformative” for the country’s largest contractor Balfour Beatty Group, said CEO Leo Quinn in his March 11 report of 2019 year-end results.
While he cites the US as the firm's "fastest growing market" last year, "come next year, when we add HS2, the UK backlog will actually double,” Quinn said.