Construction and engineering firm Balfour Beatty has reported a 10% rise in annual profits.
Balfour Beatty is refurbishing the Forth Railway Bridge in Scotland
The UK group said pre-tax profits before exceptionals rose to £130m ($239m), from £118m the previous year.
Construction firms have benefited from recent government spending on public services, including work on hospitals and transport links.
Balfour said its order book grew 14% to £5.8bn in 2003, boosted by major contracts from London Underground.
The company has secured two Public Private Partnership deals to upgrade the capital's Tube system.
Chief executive Mike Welton said: "Overall, we expect to see further growth in 2004 and to make progress accordingly."