Commenting on its trading performance, the company said the Group had performed in line with expectations.
In Asia Pacific, prospects and the flow of work have improved following the release of contracts delayed by the Queensland flooding and State elections earlier in the year. Hyder also won further transport design work in Victoria and are bidding for important projects in New South Wales. Hyder described its prospects in China as promising –the Group is increasing geographic reach there.
In the Middle East, the UAE is flat but identified opportunities in Qatar and Saudi Arabia are growing strongly. Collections in the region remain slow.
IHyder said that despite the UK government's constraints on capital spending, it has won new highways projects that have been recently released under the company's framework contracts. The UK's utilities division is continuing to improve.
The Group remains in a sound financial position with a net cash balance.
Chairman, Sir Alan Thomas commented:
"Though the general economic conditions give us cause for caution, we are benefiting from the resilience of our broad geographic and market sector spread. We are performing well across the regions and our pipeline of work and opportunities gives us confidence for the full year."