14 Dec 2011
Arup’s annual results show the firm produced a solid performance in challenging trading conditions last year.
Top line global income rose by 8.7% to £966.4m (mainly due to the consolidation of Arup’s South African business), while net cashflow was positive at £40.9m and operating profits were £24.6m.
“These results reflect our strengths as a global player. They are also in line with our forecasts for what we knew would be a challenging year. We are particularly pleased to have maintained global income levels, which underlines the fact that our clients continue to see the value we bring. Our resilience is founded on our established strategy of diversifying across businesses and economies.
“Looking ahead, economic volatility is set to persist in some markets, so the Board will maintain our focus on core strategy and the bottom line so we can return value to our staff and maintain our financial strength.”
- Philip Dilley, Arup Group Chairman
The results are for the 12 months to 31 March 2011.