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Howard David Seymour

Research Analyst at Numis

Howard David Seymour is an Equity Research Analyst at Numis, specializing in coverage of UK-listed infrastructure and construction companies. He has provided research and asked earnings call questions for firms such as Balfour Beatty plc, demonstrating detailed sector expertise. Seymour's career at Numis began in the late 2010s, following earlier experience in financial analysis and research roles. He is recognized for his in-depth company coverage; professional credentials such as relevant UK regulatory registrations are maintained in accordance with industry standards.

Howard David Seymour's questions to Balfour Beatty plc/ADR (BAFBF) leadership

Question · Q2 2017

Howard David Seymour from Numis asked for clarification on the confidence in achieving industry-standard margins, specifically whether it was greater for the U.S. and Support Services, and if cost-cutting efforts were still primarily U.K.-driven.

Answer

Group Chief Executive Leo M. Quinn responded that the confidence in achieving margin targets extends across the entire business, aided by the expected settlement of legacy projects by the second half of 2018. He also confirmed that cost savings are substantial in both the U.S. and U.K., noting that over $40 million in costs had been removed from the U.S. business in the last two years.

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