13th Feb 2008 07:00
Atkins (WS) PLC13 February 2008 Q3 2007/8 Interim Management Statement WS Atkins plc ("Atkins" or "the Group"), the design and engineering consultancygroup, today provides its Interim Management Statement for the quarter ended 31December 2007, ahead of its pre-close trading statement which is expected to beissued on 16 April 2008. Performance The performance of the Group in the year to date has continued to be in linewith our expectations, with our core markets remaining robust. The Group'sfinancial position is good. Our Design and Engineering Solutions segment is performing well with furthercontract wins across the business including preferred bidder for the design forthe enhancement of Birmingham New Street station. The acquisition of NedtechEngineering BV, a 50 person Dutch aerospace consultancy, was completed inDecember and we have subsequently been awarded contracts for Airbus' A380 andA330F aircrafts. The recovery of our Rail segment is continuing as anticipated. This has beenfurther confirmed by the formal award of the contract to undertake there-signalling upgrade project at Rugby and Nuneaton as part of Network Rail'sWest Coast main line upgrade programme. The Highways and Transportation segment is performing in line with expectationsand we have recently been awarded a contract for the design of the A14 wideningscheme project in Cambridgeshire. Our Middle East business continues to make good progress across the region, withstrong growth particularly in Abu Dhabi. The Management and Project Services segment is performing in line with ourexpectations with a good performance from our cost consultancy business. OurManagement Consultants business has, as expected, been impacted by the poorstart to the year and improvement in performance is unlikely to be seen untilafter the fourth quarter. Outlook We are confident that the Group will continue to perform in line with ourexpectations and our forward workload remains strong. Enquiries Atkins:Robert MacLeod, Group Finance Director +44 (0) 1372 726140Sara Lipscombe, Group Communications Director Smithfield:Tom Hardman +44 (0) 20 7360 4900 Notes to Editors 1. AtkinsAtkins (www.atkinsglobal.com) plans, designs and enables the delivery of complexinfrastructure and buildings for clients in the public and private sectorsacross the world. Atkins is the largest multi-disciplinary consultancy inEurope, the largest engineering consultancy in the UK and the world's fifthlargest international design firm (sources: New Civil Engineer Consultants File,2007; Building Magazine, 2007; Engineering News Record, 2007). 2. Analyst Conference CallThere will be a conference call for analysts at 0830 today. Details areavailable from Tom Hardman at Smithfield (details above). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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