AMEC PLC, which provides consultancy, engineering and project management services to the energy, power and process industries, has announced “another record operating performance” with the publication today of its results for the year ending 31st December 2009.
AMEC’s order book currently stands at £3.2 billion (£3.3 billion in 2008). As a result of the current economic downturn net profit has fallen from £199.7 million in 2008 to £171.7 million in 2009, with revenues also down to £2.54 billion, from £2.61 billion in 2008.
Chief Executive Samir Brikho said:
“AMEC has delivered another year of excellent results in 2009, with a significantly improved operating cash flow performance and record EBITA margin2 of 8.2 per cent.
We believe the trading environment will remain challenging, but expect that our order pipeline will continue to improve as the year progresses. We are currently well positioned on contracts at the early stages of the project cycle and are confident this will support future growth, building on our strong customer relationships. In the first quarter, we have seen signs of a pick up in the market and we expect to win a number of sizeable new contracts for delivery later in 2010 and beyond. We continue to be firmly on track to deliver our target of 8.5 per cent EBITA margin in 2010.”
With annual revenues of over £2.5 billion, the global water sector is one of AMEC’s growing markets.
The Silvertown Tunnel’s pumping system is reducing the risk of flooding, delays and costly maintenance, while supporting the long-term resilience of London’s transport network, says Ian Ireland, large pumping projects programme manager, Xylem UK.
In a TV show that will explain the complex journey of the wastewater treatment process, Lakeside Equipment Corporation is set to feature in US Public Television’s All Access program with Andy Garcia.
Environmental Services & Solutions (ESS) Expo, the UK’s largest environmental event, has released the full speaker programme for its 2025 event, which now features seven shows spanning all corners of the environmental sector, under one roof at the NEC Birmingham.
We are exhibiting at WWEM – Water, Wastewater and Environmental Management Expo, which is one of the eight exhibitions taking place at the NEC, Birmingham 17-18 September 2025 as part of ESS Expo 2025. Please come along and visit us at Stand WW-S60.
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.
Find out more about the remarkable career opportunities on offer at WSP - scroll down to watch the inspirational video. 
What is to be done about the UK’s failing utilities? Listen to Professor Dieter Helm explore the options to tackle the UK’s failing utilities – Thames Water, the Royal Mail and Network Rail in particular.