WET News

16 Leaders 2014 AMEC takes a risk-based approach Revenue synergies expected from 2015 amec Booths Park, chelford Road Knutsford, Wa16 8QZ www.amec.com amey The Sherard Building, edmund Halley Road Oxford, OX4 4DQ T: 01865 713100 www.amey.co.uk the LeADeRS 2014 AMEC is a supplier of consultancy, engineering and project management services across a variety of industry sectors. The group's operations include providing a multi- disciplinary approach to water projects at all stages of planning, study, design and construction, seeking to provide sustainable and environmentally sound solutions for our public and private sector customers. Its primary areas of focus are water resource manage- According to parent group Ferrovial, Amey's contracts performed well last year compared with the previous year. In July last year, the £393M acquisition of Enterprise was completed, and its integration into Amey will generate cost and revenue synergies estimated at around £40M from 2015. Ferrovial says Amey's 2013 results include a non-recur- rent positive impact of the €6.7M compensation payment received for the repair of a waste treatment plant in Cambridge, which was more than the costs incurred. Ferrovial says this positive impact in 2013 is similar to the €6.5M profit posted in 2012 derived from the agreement with the defined benefit pension funds to limit the future rights of participants. In the UK, Ferrovial says THe NumBeRS 11 12 13 %cHaNge Sales £M 3,261 4,088 3,974 -2.8 Gross profit £M 482 532 543 2.1 Operating profit £M n/a n/a n/a n/a Pre-tax profit £M 259 254 255 0.4 Staff 21,422 23,379 23,572 0.8 Net assets £M 1,373 1,079 1,122 4 THe RaTIOS 11 12 13 % cHaNge Return on capital % 18.9 23.5 22.7 -3.5 Gross margin % 14.8 13.0 13.7 5 Operating margin % n/a n/a n/a n/a Net margin % 7.9 6.2 6.4 3.3 Sales/employee £K 152.2 174.9 168.6 -3.6 THe NumBeRS 09 10 11 %cHaNge Sales £M 643.7 935 1,093.6 17 Gross profit £M 0 164.1 165.2 1 Operating profit £M 0 85.5 83.3 -3 Pre-tax profit £M 24.1 87.2 84.3 -3 Staff n/a n/a n/a n/a Net assets £M 0 367.5 349 -5 THe RaTIOS 09 10 11 % cHaNge Return on capital % n/a 23.7 24.2 2 Gross margin % n/a n/a n/a n/a Operating margin % 0.0 9.1 7.6 -17 Net margin % 3.7 9.3 7.7 -17 Sales/employee £K n/a n/a n/a n/a ment, water policy, coastal management, asset planning and management, and wastewater collection and treatment. Water services are also commonly provided to customers in AMEC's other markets, including mining and oil & gas. AMEC's knowledge of regulatory environments is used to apply a risk-based approach to environmental liability assessment and management. Recent projects include: the awards in the fourth quarter included: • Maintenance of distribution networks for United Utilities (€265M, five years) and Severn Trent Water (€206M, five years) • Contracts for highway maintenance in the Cambridge area and in the County of Gloucester • Northumbrian Water, UK: framework agree- ment for the provision of technical, commercial and environmental services • McCain Foods, Canada: wastewater effluent reclaim/recycle design project • Kahramaa, Qatar: the group is supporting the local utility to use aquifer storage and recovery technology to improve water supply security. In the International division, there were two new contracts for maintenance services at the Radomiro Tomic and Gariela Mistral mines. Amey's joint venture with Black & Veatch, BBV, has the £340M deal to undertake Scottish Water's wastewater infrastructure until 2021. Both alliance partners have worked for Scottish Water for 20-plus years. AMEC's activities include flood warning systems leaders 2104 17 • Hydrok Aeration Systems - High Efficiency Fine bubble Diffusers • Hydrok IFAS TM - Enhanced Fixed Bed Biomass Media System • Hydrok HyER Diffuser Liftout Grid System - Emergency Rental Aeration Solutions • Hydrok HY-SAF - Package Biological Wastewater Treatment Plant • Hydrok/Mecana - Pile Cloth Media Tertiary Filtration • Hydrok/Microdyn-Nadir MBR - BIO-CEL ® Membrane Bioreactor Process Speak to us about our solutions for Wastewater Treatment Wastewater Treatment www.hydrok.co.uk 01726 861900 sales@hydrok.co.uk Significantly reduces carbon footprint Hydrok Leaders 2014:WET News 09/04/2014 11:38 Page 1 BAM Nuttall, an all-rounder bam nuttall St James House, Knoll Road, Camberley Surrey, Gu15 3XW t: 01276 63484 www.bamnuttall.co.uk As one of the largest civil engineering construction companies in the UK, BAM Nuttall operates in all sectors of the civil engineering market on a national and a regional basis, through a network of business units, divisions and subsidiaries. Part of the Royal BAM Group, it works closely with other group companies in the UK on projects such as the redevelopment of King's Cross in central London (with BAM Construct UK). Other deals awarded in 2013 include the construction of a railway overpass (dive-under) in Acton, West London and the construction of a new container terminal in the Mersey estuary. BAM's UK companies have continued to perform well in the challenging economic and business environment that continues to persist, with the Royal BAM Group saying: "The profitability of the UK companies improved in 2012 primarily as a result of careful market positioning, project selectivity and improved risk management and project execution. "The companies deliver major social and economic infrastructure projects that support growth and develop- ment of the UK economy. "They work together collaboratively and have the financial stability and technical capability to offer customers an integrated range of services from concept and project initiation through to asset management." BAM Nuttall's chief executive, Steve Fox, says: "BAM Nuttall achieved a margin that exceeds most competitors and places us among the top performing businesses in the civil engineering market." tHE numbERS 10 11 12 % CHanGE Sales £M 694.8 808.7 730.1 -10 Gross profit £M n/a n/a n/a n/a Operating profit £M 12.3 10.8 15.9 48 Pre-tax profit £M 15.7 14.1 18.1 28 Staff 3,038 3,079 2,993 -3 Net assets £M 101.8 70.5 84.6 20 tHE RatIOS 10 11 12 % CHanGE Return on capital % 15.4 20.0 21.3 7 Gross margin % n/a n/a n/a n/a Operating margin % 1.8 1.3 2.2 64 Net margin % 2.3 1.7 2.5 42 Sales/employee £K 228.7 262.6 243.9 -7

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