Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Increase in profit for Scott Wilson

Scott Wilson reported an increase in operating profit from £10.1M to £11.5M and an increase in operating margin from 6.7% to 7.3% in its interim results today.

It has also maintained an order book of £280M. The results took into account the redundancy costs incurred - Scott Wilson currently has a total of 6,000 staff across the world, 10 per cent lower than the peak at mid 2008, almost half of whom are now outside the UK.

“The first six months of the year have seen a return to a more stable trading environment following the impact of the recession at the end of the last period,” said Scott Wilson chairman Geoff French.  “Although the UK market remains relatively weak, Scott Wilson has benefited from the government’s ongoing commitment to roads and railways and its focus on renewable energy due to our expertise in those areas.”

Scott Wilson plans no significant growth in our UK business this year or next, but sees continuing growth opportunities in international markets, in particular China and India. 

“The international business continues to go from strength to strength, reflecting the benefits of years of investment outside the UK and the brand recognition we have established in key regions together with the new management structure we have implemented globally,” said French.

“Notwithstanding the economic uncertainty, our diversified business model, strong order book and financial strength continue to give us confidence that we can respond effectively to market developments and opportunities as they arise.”

Readers' comments (2)

  • At least 5% of that near 7% margin would have come fron unpaid overtime - time will tell if that loyalty will be rewarded, or expoited.

    Unsuitable or offensive? Report this comment

  • I am an employee of the above mentioned company. I find it quite offensive that the company continues to hammer staff for unpaid overtime and cuts back on almost all staff benefits, including training, while reporting increased profits and no doubt dividends to shareholders. In a service and knowledge industry where staff are directly reponsible for company turnover and profits, Scott Wilson do not seem to be looking to the future and seem solely interested in short term profits. I for one will be looking to leave as soon as the market picks up.

    Unsuitable or offensive? Report this comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Please note comments made online may also be published in the print edition of New Civil Engineer. Links may be included in your comments but HTML is not permitted.