Water and Effluent Treatment Magazine
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32 Leaders 2015 Morrison US continues to grow Morrison Utility services Abel smith House Gunnels Wood road stevenage, Hertfordshire, sG1 2st t: 01438 743 744 www.morrisonus.com Mott MAcDonAlD 10 Fleet Place london ec4M 7rB t: 020 7651 0300 www.mottmac.com the LeADeRS 2015 Morrison Utility Services is another contractor that has done well in picking up business in the respective regulatory cycles north and south of the border. Deals include a £75M contract to deliver reactive and planned small-value capital projects on mainly non-infrastructure water and wastewater networks for Anglian Water. The work is initially for five years, and potentially a further ten years. Mott MacDonald says 2014 was a year of investment. There was its takeover of its design and build joint venture partner Bentley Holdings, including its subsidiary company JN Bentley, for an undisclosed sum. There was also investment on the group's global Business Improvement Programme, aimed at increasing produc- tivity and the ability to deliver projects. The development described as a natural progression in the successful 15-year partnership between the companies through the Mott MacDonald Bentley (MMB) joint venture. JN Bentley employs 700-plus people and has a turnover of £120M. More than 80% of its business is derived through MMB, which was established in 1999 to operate as a wholly integrated, co-located JV by combining all facets of design, pro- gramme management, site investigation and construc- tion in one organisation. The partnership was It is also the other half of several jvs: • Agility, with J Murphy & Sons, for Thames Water • MGjv, with Galliford Try, for Southern Water • Earthtech Morrison, with AECOM, for Yorkshire Water • Caledonia Water Alliance, also with AECOM, for Scottish Water Chief executive Charles Morrison says it produced a good performance in 2013/14 formed specifically to deliver long-term, high volume programmes of projects for the UK's water companies throughout the industry's rolling five-year AMP cycles. MMB is one of four Construction Delivery Partners (CDPs) that will help deliver United Utilities' AMP6 and potentially AMP7 Capital Programmes. The new contract is expected to run until 2026, with a review a™er five years. News of the contract award follows the extension of MMB's frameworks with both Severn Trent Water and in a very competitive market. The business is maintaining its position as the leading utility services provider in the UK, focused on infrastructure and non-infrastructure assets across the gas, electricity, water and telecoms sectors "We are continuing to grow the business by securing long-term contracts as a utility service provider that excels in operational delivery, efficiency, and customer service." Yorkshire Water into AMP6, announced in 2013, and the announcement in May 2014 of MMB's appointment to Anglian Water's new AMP6 Integrated Main Works Capital Alliance. More recently, the joint venture between Mott MacDonald and Hyder Consulting was appointed to provide detailed design and project management services for a multimillion-pound expansion of United Utilities' Davyhulme wastewater treatment works. The venture is working the LORI on the project. tHe nUMBers 11/12 12/13 13/14 % cHAnGe Sales £M 545.2 550.2 518.4 -6 Gross profit £M 30.5 32.3 30.7 -5 Operating profit £M 19.9 20.4 19.2 -6 Pre-tax profit £M 18.2 22.2 19.3 -13 Staff 3,456 3,352 3,618 8 Net assets £M 85.4 102 116.8 15 tHe rAtios 11/12 12/13 13/14 % cHAnGe Return on capital % 21.3 21.7 16.5 -24 Gross margin % 5.6 5.9 5.9 1 Operating margin % 3.6 3.7 3.7 -0 Net margin % 3.3 4 3.7 -7 Sales/employee £K 157.8 164.1 143.3 -13 tHe nUMBers 2011 2012 2013 % cHAnGe Sales £M 531.4 526.9 547.4 4 Gross profit £M 187.2 192.1 209.8 9 Operating profit £M 9.4 18.4 12.4 -32 Pre-tax profit £M 12.7 32 22.6 -29 Staff 5,628 5,494 5,651 3 Net assets £M 275.2 319.7 327 2 tHe rAtios 2011 2012 2013 % cHAnGe Return on capital % 4.6 10 6.9 -31 Gross margin % 35.2 36.4 38.3 5 Operating margin % 1.8 3.5 2.3 -35 Net margin % 2.4 6.1 4.1 -32 Sales/employee £K 94.4 95.9 96.9 1 Mott MacDonald goes for natural progression