Ken Gillespie, Managing Director of Galliford Try Construction Group, has said that further job cuts cannot be ruled out – in the last eighteen months, the company has already seen a drop of around 15 per cent in staff numbers.
According to Mr. Gillespie, Galliford Try’s contracting division will only compete for work where it could both perform well and make a profit, even if this meant a company contraction. For the six months to 31 December 2009 revenue was £415M - down £119M on the same period in 2008.
Mr. Gillespie said that the company was hoping to maintain profit margins on its AMP5 water contracts, despite the reduction in the utility firms’ capital budgets as a result of Ofwat’s final dermination. Galliford Try has now renewed all its AMP5 contracts with existing clients.
Mr Gillespie said that having individual businesses in the regulated industries, each with their own managing directors, was critical to achieving efficiency. As a consequence the companies did not carry overheads from other sectors and staff retained up to 20 years of expertise.
ABB has launched AquaMaster+™, a digital platform for smart water network management, designed to help water utilities monitor, analyze and manage their water networks, preventing pipeline water losses and optimizing operations.
Craig Nienaber, Business Development Manager for Safe Access Solutions (SAS) at HUBER Technology, explores why the company is seeing a growing level of interest in its safe access solutions for critical infrastructure providers, including their application in wastewater treatment assets.
Albion Water, the first NAV (New Appointment & Variation) to have been established in1999 and now under the ownership of SDS Water Group, has appointed Andy Holland as its new Director of Business Development.
UK water companies are invited to join an upcoming webinar which will explore how the sector can take indirect potable reuse (IPR) from concept to full-scale operational reality.
Southern Water has released film and images showing what it’s like to walk inside Hampshire’s expanded Yew Hill underground reservoir for the very last time, before it gets filled with water.
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply.
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.