1st Oct 2009 11:37
Scott Wilson Group plc
Restated segmental analysis of historic results to reflect new
Group management structure
As signalled to investors at the time of its final results in June 2009 Scott Wilson Group plc ("the Group") has been working towards a revised reporting structure that is in line with the new sector facing operating structure.
The new structure has already brought improved focus on worldwide clients and markets. The Board believes that bringing the segmental reporting in line with this structure will improve investors' understanding of the Group's operations.
The trading activities of the Group are now managed through five core market-facing sectors and four overseas regions, as follows:
|
Roads (UK & RoW Roads); Rail (UK & RoW Rail); Buildings and Infrastructure (UK & RoW B&I); Environment and Natural Resources (UK & RoW ENR); Strategic Consultancy (UK & RoW SC); Europe; Middle East; India; Asia Pacific. |
In order to enable investors to make future comparisons the segmental revenue and results for the 26 weeks to 26 October 2008 and 53 weeks to 3 May 2009 have been restated to reflect the new management structure. There have been no adjustments to the headline consolidated results that were reported on 9 December 2008 and 30 June 2009 respectively.
26 weeks ended 26 October 2008 (Restated, unaudited):
|
Revenue including share of joint venture revenues £'000 |
Group Revenue £'000 |
Adjusted* Operating profit £'000 |
Operating profit - segment result £'000 |
|
|
UK & RoW Roads |
32,250 |
26,894 |
2,707 |
2,437 |
|
UK & RoW Rail |
21,370 |
21,370 |
110 |
16 |
|
UK & RoW B&I |
42,154 |
42,154 |
3,866 |
2,961 |
|
UK & RoW ENR |
34,931 |
34,931 |
1,819 |
1,342 |
|
UK & RoW SC |
13,279 |
13,279 |
1,477 |
1,444 |
|
Europe |
12,633 |
12,633 |
831 |
805 |
|
Middle East |
5,336 |
5,336 |
150 |
150 |
|
India |
3,550 |
3,550 |
308 |
308 |
|
Asia Pacific |
14,852 |
13,083 |
774 |
649 |
|
Total |
180,355 |
173,230 |
12,042 |
10,112 |
53 weeks ended 3 May 2009 (Restated, unaudited):
|
Revenue including share of joint venture revenues £'000 |
Group Revenue £'000 |
Adjusted* Operating profit £'000 |
Operating profit - segment result £'000 |
|
|
UK & RoW Roads |
64,822 |
54,280 |
9,324 |
7,818 |
|
UK & RoW Rail |
43,936 |
43,936 |
1,131 |
225 |
|
UK & RoW B&I |
74,781 |
74,781 |
2,401 |
(2,815) |
|
UK & RoW ENR |
68,368 |
68,368 |
2,903 |
709 |
|
UK & RoW SC |
26,367 |
26,367 |
4,046 |
2,481 |
|
Europe |
25,981 |
25,981 |
1,150 |
1,091 |
|
Middle East |
13,402 |
13,402 |
(1,090) |
(1,180) |
|
India |
8,117 |
8,117 |
1,050 |
1,050 |
|
Asia Pacific |
34,226 |
30,557 |
1,687 |
1,344 |
|
Total |
360,000 |
345,789 |
22,602 |
10,723 |
The Group expects to provide a pre-close statement in relation to the interim results for the 26 weeks ending 1 November 2009 on 29 October 2009.
|
Scott Wilson Group plc Hugh Blackwood, Group Chief Executive Sean Cummins, Group Finance Director Lak Siriwardene, Head of Communications |
020 7798 5187 020 7798 5245 07824 311762 |
|
Financial Dynamics Charlie Armitstead/Charlotte Whitley |
020 7269 7215 |
Scott Wilson Group plc
Scott Wilson Group plc is a global integrated design and engineering consultancy for the built and natural environments. With its headquarters in the UK, the Group has a worldwide network of 80 offices and over 6,000 employees. Scott Wilson offers strategic consultancy and multi-disciplinary professional services in the Railways, Buildings & Infrastructure, Environment & Natural Resources and Roads Sectors.
www.scottwilson.com
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