Construction News

15/06/2017

WS Atkins Reports Over £2bn Revenue In Full Year Results

WS Atkins has reported an 11.8% rise in revenue in its results for the year ended March 2017.

With revenue increasing to over £2 billion (2016; £1,161.9m) and underlying profit before tax increasing from £129m to £164.6m, the company said it enjoyed strong performances in both the UK and Europe with a 9.9% operating margin.

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The results have been released ahead of the company's takeover by SNC-Lavalin, which is set to be finalised next month.

WS Atkins said: "We delivered a strong set of results this year with underlying profit before tax improving by 18.4% to £164.6m. Our underlying operating margin continued to improve and we delivered revenue growth on a constant currency basis of 4.3%, underpinned by the acquisition of PP&T in 2016. We believe that the Group is in a strong position to execute on its growth strategy going forward."

(LM/MH)

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