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WS Atkins Q1 trading in line, confident for full year

WS Atkins

Design, engineering and project management consultancy WS Atkins said it has traded in line with expectations through the first quarter and remains confident for the year ahead despite ongoing uncertainty in some of its markets.

In a trading update for 1 April to date, Atkins said it has made a good start to the new financial year, securing some strategically important projects in cyber security and defence, along with major frameworks in transportation and water.

The company said that at the beginning of April, it took another step to simplify its organisational structure, combining its design and engineering and water, ground and environment business units into a new infrastructure division, which will enable it to cross-sell its capabilities.

Atkins said that while the Brexit vote has created some uncertainty in the market, it has not seen any impact to date.

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Paul

The author Paul