However, a planned share buyback has been delayed until the stock market calms down from its current coronavirus-induced unrest. Balfour Beatty financial results for the year to 31 st December 2019 show that group pre-tax profit was up 12% to £138m (2018: £123m) on revenue up nearly 8% to £8,411m (2018: £7,814). Year-end net cash topped £500m, with average net cash up 68%. Underpinning the balance sheet is a £1.1bn Investments portfolio. Revenue from UK construction was up 16% to £2.2bn (2018 £1.9bn). UK Construction increased its underlying operating profit by 68% to £47m (2018: £28m) representing a 2.1% operating margin (2018: 1.5%). The Aberdeen Western Peripheral Route (AWPR) project, which had damaged Balfour Beatty's financials in recent years, was finally completed, opening in February 2019. US Construction delivered an operating profit of £52m (2018: £44m) from revenue of £3.7bn. Gammon, the Hong Kong joint venture, contributed a further £26m (2018: £23m) in operating profit.