The announcement comes with the publication this morning of Interserve’s latest Trading Update in advance of its annual results announcement on 29 February 2012.
The Group said it was performing well and taking advantage of new opportunities, with trading, underlying EPS and cash generation in line with expectations.
Interserve said its Support Services division had continued to deliver significant profit growth, on broadly stable volumes, as a result of its “far-reaching margin enhancement programme”.
It described performance in its Construction division as resilient, although impacted by margin pressures and increased competition due to the current economic environment.
Overall trading in Equipment Services is starting to recover, with strong performance in Australasia, the Pacific Rim and Saudi Arabia helping to counteract the impact of the Arab Spring and cyclical weaknesses elsewhere.
Chief Executive Adrian Ringrose commented:
“We are performing well and are identifying and capturing a number of new opportunities. Our focus on long-term relationships continues to be rewarded with contract wins across a variety of sectors, geographies and business streams.
“Looking forward, we anticipate that increasing pressure on UK public sector spending will provide us with further outsourcing opportunities, helping to offset a reduction in construction activity. Internationally we are well positioned both to grow our existing businesses and to expand the range of our offerings in some of the world’s fastest-growing economies.”
With the UK government demanding a 50% reduction in storm overflow spills by 2029, the era of reactive management is over. Speaking in the House of Commons on 21 July 2025, then environment secretary Steve Reed said, “This Government will cut water companies’ sewage pollution in half by the end of the decade.”
ERG, the leading supplier of odour control systems and industrial gas cleaning & thermal systems, has been awarded the coveted King’s Award for Enterprise.
Welsh Water’s new artificial intelligence-driven tool, ORAI, has been shortlisted for three categories at the prestigious British Data Awards 2026 – underscoring the company’s commitment to using cutting-edge technology to deliver better outcome for customers.
Barhale has completed work on two separate Rapid Action Taskforce Spills projects it is carrying out for Severn Trent.
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply.
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.
Find out more about the remarkable career opportunities on offer at WSP - scroll down to watch the inspirational video.