Arup has published annual results showing that global turnover jumped 8.7%to £966M for the year ending 31 March 2011, largely due to the Group’s acquisition of Arup’s independent South African business.
Operating profits were £24.6M. Engineering and technical staff numbers were up 92 to 7,762, and overall staff numbers up 82 to 9,934. But this included the 204 people employed by the newly-acquired South African operation.
In January the firm confirmed that 670 of its 3,888 UK staff had been made redundant, although this was mitigated by the fact that only 280 permanent jobs were lost with leavers not replaced and others moved abroad.
“These results reflect our strengths as a global player,” saud Arup chairman Phillip Dilley. “They are also in line with our forecasts for what we knew would be a challenging year.
“We are particularly pleased to have maintained global income levels, which underlines the fact that our clients continue to see the value we bring. Our resilience is founded on our established strategy of diversifying across businesses and economies.
“Looking ahead, economic volatility is set to persist in some markets, so the Board will maintain our focus on core strategy and the bottom line so we can return value to our staff and maintain our financial strength.”