Scott Wilson profits up

Scott Wilson, The design and engineering consultancy, revealed revenues of £159.3 million in its interim results down from £173.2m for the same period last year. However its operating profit was up 13.9 per cent to £11.5million, and its adjusted operating profit up 4.2 per cent to £12.5million

Commenting on the results chairman Geoff french said “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. 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. 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....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.”