Updates from Rentokil and Balfour Beatty

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The FTSE 100 climbed 37 points yesterday, lifting the index to 6,611. Fresnillo saw the biggest leap, up +5.62% to 1165p with International Consolidated Airlines behind at +2.69% to 320.60p. Old Mutual was the heaviest faller, down -2.58% to 196.10p.

Overnight, the Nikkei is up +1.15% to 14,025 while the Hang Seng climbs +1.21% to 22,541.

We start with half-year numbers from infrastructure player Balfour Beatty. Underlying profits from operations slumps -67% to £52m, though Balfour claims the order book is up +3% at £13.9 billion with strong US performance. But overall Group revenue slips -3% to £4,322m.

The company claims action to address UK construction underperformance has been taken and it has responded to market deterioration in Australia; it still expects to deliver Group performance in line with current market expectations for 2013.

"Our markets continue to be challenging, but our actions are delivering the intended results. With sustained focus on operational delivery, we expect to achieve a performance in our continuing operations that is in line with the current market expectations for 2013."

Next, interim numbers from Rentokil. There has been "strong" acceleration of profit growth in Q2. But underlying organic revenue growth is down 1.6% year-on-year reflecting portfolio change in Initial Facilities and poor weather in US, the company says.

Asia profits have climbed +43.5% with good performances from China, India and Vietnam; there are also cost savings of £21.1m on track to exceed the full year target of £40m, claims the pest operator.

"The integration of Western Exterminator," says chief exec Alan Brown, "is proceeding to plan. Our major innovations in Hygiene and Workwear are being rolled out during Q3. While we remain mindful of continuing challenging market conditions in Europe, we expect the momentum achieved in Q2 to be maintained in the second half."

Finally, half-year numbers from Interserve. Pre-tax profits climb +7.6% to £36.8m while earnings per share climb +5.4% to 21.4p. Overall revenues are up +8.6% to £1,068.2m. The interim dividend is up +6.3% to 6.8p.

The company claims key contract wins including three NHS Trusts in and around Leicester, East Thames Group, the Royal Navy, Magnox and Jaguar Land Rover, plus the Lusail Tower in Qatar and the Emirates Engine Maintenance Centre in Dubai.

"Our financial position remains strong," says chief exec Adrian Ringrose, "which, together with our growing future workload, underpins the Board's confidence in our ability to deliver our medium-term strategy, reiterating guidance for 2013 and increasing the interim dividend to 6.8 pence."