Construction group's 2007 results are on track despite recent turbulence in financial markets

Henry Boot has said results for the year ended 31 December 2007 will be in line with market expectations.

According to City forecasts, turnover will be 拢134.22m, down from 拢142.28m last year, and pre-tax profit will be 拢47.09m, up from 拢40.79m in 2006.

Despite what it called the 鈥渞ecent turbulence in the financial markets鈥 it said construction had had a good year and was carrying a record order book into 2008.

In the six months to 30 June 2007, it made an interim pre-tax profit of 拢13m on the back of 拢51m turnover. The construction arm made 拢3.2m on turnover of 拢29m.

Henry Boot has four operating divisions: property, land management, construction and plant hire.

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