Atkins attributes good results to its international outlook
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Atkins has attributed its solid set of half-year results, announced last week, to its international outlook.
Atkins recorded an underlying operating profit of £51.5m, representing a year-on-year rise of 6.6 per cent for the six months to 30 September 2011. Total revenue was up 26.9 per cent, from £664.2m to £842.9m.
However, in the UK revenue has fallen 7.5 per cent, from £457.7m in September 2010 to £420.4 this year. Similarly, headcount in the UK was down, with jobs going mainly from the highways and transport sector. Across the group, staff numbers rose by 13 per cent.
The company is currently engaged in a number of high-profile projects, including work at Jeddah Airport.
David Tonkin, Atkins’ regional managing director for the UK, told The Engineer: ‘The results demonstrate the success of our geographic and sector diversity. Our broad outlook has provided us with the resilience we needed to survive in tough markets.’
Tonkin added that Atkins will soon be making announcements regarding UK rail signalling projects.
