Atkins (WS) PLC Announces Results for the Year Ended 31 March 2016
(firmenpresse) - LONDON, UNITED KINGDOM -- (Marketwired) -- 06/16/16 -- Atkins (WS) PLC (LSE: ATK)
LSE: ATK
Design, engineering and project management consultancy WS Atkins plc (Atkins) today announces its preliminary results for the year ended 31 March 2016.
- Revenue up 6% to £ 1.86bn
- Underlying operating profit up 10.5%, 8.0% margin target achieved
- Underlying profit before tax of £ 139.0m, ahead of market expectations
- Underlying diluted EPS up 10.5%, full year dividend up 8.2%
- Strong balance sheet with net funds of £ 191.7m at 31 March 2016
- Significant improvement in UK and Europe performance
- Two recent major transportation project wins in North America underpin workload into the new financial year
- Strong performance in Middle East driven by the Central Planning Office in Qatar and peak delivery on metro projects
- In Asia Pacific we continue to pursue outbound investment opportunities with selected Chinese contractors
- Difficult year for Energy, although good growth in nuclear, power and renewables
- PP&T nuclear acquisition completed in April 2016.
"We are delighted to have achieved our 8% operating margin target against headwinds in certain markets. These are good results with strong growth in profitability and underlying diluted EPS. Overall, we remain confident for the year ahead despite continued uncertainty in some of our markets."
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Datum: 16.06.2016 - 00:00 Uhr
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News-ID 1441806
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