A strong platform for growth
We continue to drive growth by developing long-term relationships with clients responsible for the renewal and maintenance of essential operational assets.
Working in the Energy, Environmental and Infrastructure markets, our subsidiary businesses are aligned to respond to the ongoing maintenance needs of our clients’ assets.
Consistently delivering our strategic targets
The Group continues to deliver its strategic targets which, since 2006, have focused on expanding its engineering operations organically and through acquisitions.
Continued sustainable growth
The Group continues to deliver organic growth whilst looking to build on its strengths through additional earnings‐enhancing acquisitions.
Working in markets with high barriers to entry
The markets in which we operate demand a highly skilled workforce and a proven track record of safe delivery.
Integrated engineering support services
Our subsidiary businesses offer a range of integrated multidisciplinary engineering services solutions, across the Energy, Environmental and Infrastructure markets.
Mainly regulated markets provide visibility
Our target markets are mainly regulated, which drives long‐term visible programmes of spending on asset renewal and maintenance.
Developing long-term relationships
Our range of services and responsiveness positions us as a key supplier to our clients as we assist them in maintaining their assets and providing continuity of service.
Further growing operating margins
The Group has delivered continual operating margin improvement, growing from 1% in 2006 to 4.2% in 2016.
The Group has consistently generated cash from operations and its positive working capital characteristics have enabled it to maximise shareholder return.
The Group has grown its market capitalisation more than nine fold since 30 September 2005, without recourse to new equity.
We operate in mainly regulated markets where long-term spending plans and committed funding provide good visibility of future opportunities.