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Scott Wilson profits up 10pc in first half

Engineering consultant Scott Wilson today revealed a 10 per cent rise in half year operating profit and said it was confident of hitting full year targets.

Scott Wilson’s adjusted operating profit totalled £12 million for the 26 week period ended 26 October, up from £11 million for the same period a year ago.

Revenue for the period rose 17.8 per cent to £180.4 million from £153.1 million.

Scott Wilson recently won a Network Rail contract worth up to £9.8 million to design parts of London's £16 billion Crossrail project.

Chairman Geoff French said: “This is another strong performance which highlights the underlying resilience of our core business.

“Demand for Scott Wilson's services remains at extremely high levels due to a large proportion of our work on infrastructure development, enhancement and replacement being underpinned by long term budgetary planning frameworks.

“We continue to benefit from the diversity of our service offer combined with the flexibility and competence of our workforce around the world.

“The business continues to meet the robust performance targets that were set a year ago and, in addition to strong organic growth, strategic acquisitions have enhanced our exposure to high margin areas.”