Engineering consultant Atkins has posted a rise in underlying profit before tax as it enjoys strong performance in its UK markets.
Underlying profit before tax rose 2.9% year on year to £104.5m on revenue of £1.7bn, which remained flat.
Underlying operating margin was 6.4%, down 0.1pp on last year. Underlying operating profit decreased 0.6% to £109.8m.
Atkins enjoyed good results in the UK, reporting a 9.7% increase in operating profit to £56.6m on revenue of £900.3m. Operating margin improved to 6.3%.
The firm said “we are seeing good opportunities in UK infrastructure markets as the UK Government seeks to stimulate the economy with its commitment to infrastructure spend and through rail and water regulatory spend.”
It also said its water and environment business has “performed well” during the year. AMP5 framework contracts are providing strong workload volumes, Atkins said, and it is supporting a number of water companies as they prepare for the AMP6 investment period.
Atkins has recently been appointed by Thames Water to its 12 year, capital delivery water framework contract which is expected to deliver £3bn of schemes during AMP6. This early contractor involvement provides greater continuity of workload between the AMP cycles.
"North America and Middle East markets remain challenging," Atkins added.
Barhale has completed work on two separate Rapid Action Taskforce Spills projects it is carrying out for Severn Trent.
Börger UK, which has firmly established itself as a leading pump brand since it was set up in Staffordshire in 2004, has moved into bigger, brand-new premises in Shrewsbury.
HUBER Technology UK & Ireland are inviting people to register for their March webinar where they will be providing information about HUBER water intake screens for municipal and industrial applications.
Sulzer has launched a new global Center of Excellence (CoE) for Water Treatment Solutions - the CoE consolidates Sulzer’s wastewater treatment expertise in a unified and global manner.
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.