Design and engineering consultancy group WS Atkins plc yesterday, June 26, reported a 31 percent in full year profits thanks a strong performance from its public sector projects.
The results showed normalised diluted earnings per share up 18 percent to 66.7p, while operating profit increased by 28 percent and staff numbers increased by over 1,400 during the year to almost 17,300. Pre-tax profit climbed to £91.9million from £70.1million the year before.
In the report, the company revealed it had started the year with a robust order book which included the naming of the ConnectPlus consortium as provisional preferred bidder for the 30-year M25 motorway widening DBFO contract. It attributed this and a number of other public-sector and rail and highway maintenance contract wins as key to its success.
Bucking the trend
Chief executive Keith Clarke said on the news: "While there is of course uncertainty about the future direction of some of the economies in which we operate, we have not seen any sign of reduction in activity.
"Climate change is becoming a significant issue for many of our clients. We are working actively to raise awareness, develop tools and engage with clients to help them respond to the complex requirements of a carbon critical economy."
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