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Atkins profits up but revenue down in 2012

Consultant Atkins posted a 14% rise in its half-yearly pre-tax profits to £50.4M but revenue dropped 3.2% down to £815.7M, according to a trading statement released today.

The firm’s pre-tax profits rose from £44.2M in the six months to 30 September 2011 to £50.4M for the same period this year. But the firm’s revenue dropped 3.2% over the same period from £842.9M last year down to £815.7M this year.

Atkins said the drop in revenue was folliowing a UK asset management sale in 2011.

The firm has been boosted by its involvement in the London 2012 Games and will now be adding to its 17,700 strong workforce, with 500 graduates joining this autumn.

“The Group has delivered encouraging results in line with our expectations, with the sector and geographic spread of our business continuing to provide resilience in challenging markets,” said chief executive Uwe Krueger. “Implementation of our strategy continues and the outlook for the full year remains unchanged.”

Readers' comments (1)

  • It would be nice if your reporters could decide if the revenue is £8157M or £815.7M. This makes quite a difference to the article. Did Atkins make a 6% profit which would be quite good under present conditions or did they make 0.6% which is not good and would make their own staff very worried.

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  • Graham - typo corrected. Apologies for the error

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