Danish firm saw profit drop 21% across the group

Ramboll construction image

Ramboll鈥檚 UK division saw its revenue increase 8% in the first six months of 2019 - but the Danish consultant saw its global profits fall by a fifth.

The engineering consultant is currently working on projects in the UK including a new neurology centre for UCL, designing an overhaul of Stansted Airport, and helping Highways England with its road network.

Now it has revealed its UK turnover has leapt to 拢64m for the first half of 2019, compared to 拢59m achieved in the same period last year.

But while global Ramboll鈥檚 revenue was up 23.6% to DKK 7,024m (拢858m) for the first half, while pre-tax profit dropped 21% to DKK 162m (拢20m).

Group chief executive Jens-Peter Saul praised a 鈥済ood performance鈥� in the UK, but the firm was unable to break out a separate pre-tax profit figure for the region.

Saul said the group鈥檚 overall profit was hit by the acquisition of US engineer OBG, which has a turnover of $270m (拢224m), at the end of the 2018.

鈥淟ooking ahead, we will continue to integrate OBG and improve the operating margin of the newly acquired operations,鈥� he said.

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