Consultant WSP said it expects a challenging 2012 and confirmed it had spent £3.5M on restructuring its UK operations this year, according to a trading update released to the market today.
The firm said it is finding the UK market “difficult” but this is offset against a buoyant Swedish market and growing international work.
WSP has recently won significant high profile international projects including a $60 (£38M) plus masterplanning contract in Qatar, a large new hospital in Odense, Denmark, and it has increased its order book in north east US.
However, the continuing unrest in Libya has cost WSP £5.1M in reorganisation costs and the firm has not made a decision on how to proceed in the country.
In 2012, the firm expects the Swedish market to perform well, along with steady progress in the USA.