WS Atkins optimistic about future earnings
WS Atkins says that full-year results will be in line with market expectations despite some headwinds and forecasts an improvement in earnings in the current year.
WS Atkins says that full-year results will be in line with market expectations despite some headwinds and forecasts an improvement in earnings in the current year.
"Atkins' geographic and sector diversification continues to provide resilience which will be reflected in the reported results for the year ended March 31st 2012," the group said.
The design and engineering consultancy group said that the UK region has ended the year well despite the previously reported delay in contract awards in the rail signalling business. Second-half operating margins for this region are expected to be better than those seen in the first half.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Also benefiting from margin improvement is the North American consultancy business even though it had seen the slow start to the second half continue into the fourth quarter.
Elsewhere, WS Atkins's operations in the Middle East and Energy have enjoyed strong market conditions, the statement said.
The group said it is progressing well with its three strategic themes - "operational excellence, portfolio optimisation and sector focus" as reported in November - "positioning it to deliver further earnings growth in the year ahead."
BC
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Zoopla: House prices slows to 1.4% in May as rate of sales at four year high
The average UK property now costs £268,400, Zoopla says, but some areas of the country are experiencing much higher price growth than others.
-
FCA reveals 'once in a generation' advice changes - what the reforms mean for you
Consumers to get free access to financial advice type help for pensions and investment following proposed changes from the regulator