UPDATE 1-Balfour Beatty posts higher first-half profit, raises cash forecast <!-- no image --> <div>British infrastructure company Balfour Beatty Plc reported higher first-half underlying pretax profit and increased its annual cash forecast on Wednesday, buoyed by lower costs and higher margin projects.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=W0nDZqbVkv8:J1TTnOzwKmk:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=W0nDZqbVkv8:J1TTnOzwKmk:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=W0nDZqbVkv8:J1TTnOzwKmk:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=W0nDZqbVkv8:J1TTnOzwKmk:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=W0nDZqbVkv8:J1TTnOzwKmk:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/W0nDZqbVkv8" height="1" width="1" alt=""></div> Posted by Reuters