LONDON (ShareCast) - Design and engineering consultancy group WS Atkins saw revenue and profits rise last year and already has half of its budgeted income for the current financial year secured.
Revenue in the year to 31 March 2009 rose
13% to £1,487.2m from £1,313.6m a year earlier, while profit before tax climbed 12% to £102.7m from £91.9m.
Work in hand represents 54% of budgeted revenue for the current financial year, compared with 55% at the same stage last year. The company said the majority of its markets remain ‘relatively stable’ but the UK building design business is a bit rocky while confidence has yet to fully return to the Middle East.
A final dividend of 17.25p has been recommended, making a total dividend of 26p for the year, an increase of 8% on last year’s dividend of 24p.
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