Infrastructure & Utilities
Houses on the up
UK house builder Bellway has reported a 50% jump in annual pre-tax profits to £67.2m during a year in which it said the market had "stabilised".
Higher sales, better margins and tighter cost control were behind the improvement, with turnover in the year to 31 July up 15% to £886.1m.
The number of houses sold increased 7% to 4,922, with the average price up 8% to £175,613.
The hiatus in the Infrastructure & Utilities sector has been marked by an awful lot of sitting on hands as Boards try and figure out how spending cutbacks here in the UK and the state of the European economies will affect businesses. The good news is that the first quarter has seen a marked uplift in both new assignment enquiries as well as the re-activation of previous plans. We have seen growth in Airports, Energy, Ports and the Water sector and amongst suppliers to those sectors.
A new study has revealed a boom in oil and gas activity is on the horizon with more than 80% of North Sea companies surveyed expecting to grow their business over the next five years - almost half of which expect growth to be significant.
Highlighted projects:
Managing Director - Packaged equipment projects
Port Projects Operations Manager
Associate Director - Asset management
Airport Operational Readiness Specialist
Field Engineering Manager
Technical Director - Ports
General Manager - Turbines
Project Director - Nuclear New Build
Environmental Engineering Director