The firm is due to merge with Canadian engineer SNC-Lavalin next month
Atkins has posted a 拢2bn turnover, as it sees stable growth in its final full-year results before its expected takeover by Canadian giant SNC-Lavalin completes at the beginning of July.
The consultant saw pre-tax profit increase by 13% to 拢148m for the year to April, up from 拢131m last year. Revenue was also up 10% from 拢1.9bn last year to 拢2.1bn.
In the UK Atkins said Brexit had so far had 鈥榣imited impact鈥 on the markets the firm operates in, but that it would be closely monitoring developments. The company added that infrastructure markets such as roads, rail, water, energy and airports remained well funded and despite the election result the sector continues to have cross-party support and anticipates investment remaining a priority of the next government.
The firm鈥檚 UK and Europe business saw a 22.5% increase in operating profit to 拢90.4m for the year, but revenue reduced 3.4% to 拢911.1m, which the firm attributed to primarily the reduction in rail signalling revenue. Staff numbers in the UK reduced to 8,465, from 8,873 last year.
Atkins鈥 projects in the UK include a joint venture with CH2M on HS2鈥檚 engineering delivery partner contract, which the firm said was 鈥榮eeing good鈥 volumes and Atkins is leading on the business case development and preliminary design work for Crossrail 2 for Transport for London and Network Rail.
The firm is also has won a contract for the design work on a major new college for Ealing and Hammersmith.
Atkins also reported growth in its Energy, US and Asia businesses although it reported spending delays by the US government.
The firm鈥檚 business in the Middle East traded in line with expectations the firm said with a 6.5% drop in revenue 拢232.2m and 26% drop in operating profit to 拢21.8m for the year.
Atkins said the prolonged low oil price had caused client decision-making to slow, with increased uncertainty around the award of projects.
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