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UK market still challenging, says Atkins

Consultant Atkins says the UK market challenging but doesn’t expect any further redundancies announced in its interim management statement today.

The firm said it UK business is still operating in “difficult trading conditions” but has been boosted by supporting its Middle East business.

Its UK business has also been helped by increased water work through various AMP5 investment programmes and work for the London 2012 Olympics and the King Abdulaziz International Airport in Jeddah.

Outside the UK, the firm said the Middle East continues to offer significant infrastructure work and its Asia Pacific and Europe business is trading in line with expectations.

Atkins continues to expand its energy business, focusing on its core markets of nuclear, oil and gas and power, and the firm said it was “very pleased” with its acquisition of Finnish oil and gas business Pöyry’s.

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