Water and Effluent Treatment Magazine
Issue link: https://fhpublishing.uberflip.com/i/323010
leaders 2104 15 The Numbers 10 11 12 %chaNge Sales £M 1015.76 1068.12 1056.77 -1.06 Gross profit £M 108.89 91.53 83 -9.32 Operating profit £M 32.27 10.94 4.52 -58.71 Pre-tax profit £M 33.39 17.29 4.94 -71.4 Staff 3,586 3,702 3,717 0.41 Net assets £M 39.68 51.03 54.31 6.43 The raTIOs 10 11 12 % chaNge Return on capital % 84.1 33.9 9.1 -73.14 Gross margin % 10.72 8.57 7.85 -8.35 Operating margin % 396.8 463.9 452.6 -2.44 Net margin % 3.3 1.6 0.5 -71.11 Sales/employee £K 93.3 128.4 152.8 19.03 sectors – Infrastructure, Education, Retail, Health and Commercial Building. The impact of the economic chal- lenges and the construction industry con- traction has been hardest felt in the building business, especially in the South where tough competition, supply chain insolvencies and long lead times have all conspired to reduce operating margins. VINCI has strategic partnerships in place to broaden rail activities to include mainline electrification and involvement in High Speed 2. In the energy market, through VINCI Environment UK, Taylor Woodrow submitted bids for turnkey energy-from-waste contracts in partner- ship with specialist PFI waste contractors. Activities in nuclear decommissioning continued at Sellafield and Bradwell, and in the renewable energy market Taylor Woodrow is the preferred contractor for the Avonmouth Biomass scheme. Taylor Woodrow is also reviewing options for future development of gravity-based structure (GBS) offshore wind technology. VINCI Construction UK's international activity is located in the Middle East, where it secured two contracts with the Saudi Arabian National Water Company in Jeddah in a joint venture with a local company, Al Muhaidib Contracting Com- pany. The contracts, which have a com- bined total value of £110M, are for the design and build of the Briman Strategic Water Reservoir and the Al Khumra Li—- ing Station. The Briman site will comprise eight circular above-ground, post-tensioned tanks which will be developed in collabo- ration with Freyssinet, its post-tension subcontractor. The tanks, each 120m in diameter and 18m deep, will be among the largest of their kind in the world with a combined total volume of 1.5Mm 3 . The UK construction market has been challenging