19th Nov 2013 13:59
LONDON (Alliance News) - Waterman Group PLC Tuesday said trading at the firm has been in line with expectations since the commencement of the financial year.
The engineering and environmental consultant said it now generates 80% of its revenue from the UK and to meet growing demand it has increased its engineers and environmental consultants team by 5%.
Waterman said the four year West Midlands Highways Alliance Framework, which was won in June 2013, has contributed to a 28% growth since the beginning of the year in civil engineers on secondment to Borough and City councils through its Waterman Aspen subsidiary.
The company said its withdrawal from the group's previous offices in Dubai is proceeding as planned and its Russian operations are approaching the conclusion of several projects.
Waterman group shares were trading flat at 60.00 pence Tuesday.
By Tom McIvor; [email protected]; @TomMcIvor1
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