Atkins has released its figures for the financial year to the end of March 2016, seeing a 21.6% increase in operating profit to £73.8M in its UK and Europe business.
The UK and Europe also saw a 4.4% increase in revenue to £943.6M and an increase in operating margin of 1.1% to 7.8%.
UK and Europe chief executive Nick Roberts told New Civil Engineer that the results were a testament to its new business model, which downshifted from six to four market facing divisions. In the past year, the design and engineering, and water, ground and environment divisions were further consolidated, with a new infrastructure division equipped for large, complex projects.
“We’re starting to see the benefits follow through from all the changes,” he said.
In order to see the same or better results next year, Roberts said he wanted to maintain margins and for the consultancy remain agile, as well as be able to recruit the skills and talent it needs, increasingly in the digital arena. “The key for us is to maintain the hard-won agility,” he added
Atkins continues to remain focused on training with 383 young people joining the UK business last year on a formal education and development programme, including 81 apprentices.
However, Roberts said that for the coming year, he would like to see decisions on key infrastructure projects including Hinkley Point C and south east airport capacity.
He added that it had avoided being hit by Brexit uncertainty as it tended to work on large, long-term, core infrastructure projects and was therefore less vulnerable to headwinds. He said that while next week’s referendum was a personal choice for employees, the company had spelt out the impact leaving the EU would have. “We would never expect our staff to vote a certain way, but we have been quite clear about our position,” he said.
On a global level, Atkins has secured a contract to provide consultancy for the new three-runway system at Hong Kong International Airport (pictured).
The contract which is for airfield facilities design of the planned three-runway system (3RS), including the detailed design of a new third runway and associated taxiways, taxi lanes and aircraft parking aprons complete with associated airfield and apron systems, utility services and modification of the existing north runway. This contract also includes the associated construction stage design services.
Last year it won the contract to design land reclamation work at the airport.