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Restated Segmental Analysis

1 Oct 2009 11:37

RNS Number : 0545A
Scott Wilson Group plc
01 October 2009
 



Scott Wilson Group plc

Restated segmental analysis of historic results to reflect new 

Group management structure 

As signalled to investors at the time of its final results in June 2009 Scott Wilson Group plc ("the Group") has been working towards a revised reporting structure that is in line with the new sector facing operating structure.

The new structure has already brought improved focus on worldwide clients and markets. The Board believes that bringing the segmental reporting in line with this structure will improve investors' understanding of the Group's operations.

The trading activities of the Group are now managed through five core market-facing sectors and four overseas regions, as follows:

Roads (UK & RoW Roads); 

Rail (UK & RoW Rail); 

Buildings and Infrastructure (UK & RoW B&I); 

Environment and Natural Resources (UK & RoW ENR); 

Strategic Consultancy (UK & RoW SC); 

Europe;

Middle East

India;

Asia Pacific.

In order to enable investors to make future comparisons the segmental revenue and results for the 26 weeks to 26 October 2008 and 53 weeks to 3 May 2009 have been restated to reflect the new management structure. There have been no adjustments to the headline consolidated results that were reported on 9 December 2008 and 30 June 2009 respectively.

26 weeks ended 26 October 2008 (Restated, unaudited):

Revenue including share of joint venture revenues

£'000

Group Revenue

£'000

Adjusted* Operating profit 

£'000

Operating profit - segment result

£'000

UK & RoW Roads

32,250

26,894

2,707

2,437

UK & RoW Rail

21,370

21,370

110

16

UK & RoW B&I

42,154

42,154

3,866

2,961

UK & RoW ENR

34,931

34,931

1,819

1,342

UK & RoW SC

13,279

13,279

1,477

1,444

Europe

12,633

12,633

831

805

Middle East

5,336

5,336

150

150

India

3,550

3,550

308

308

Asia Pacific

14,852

13,083

774

649

Total

180,355

173,230

12,042

10,112

53 weeks ended 3 May 2009 (Restated, unaudited):

Revenue including share of joint venture revenues

£'000

Group Revenue

£'000

Adjusted* Operating profit 

£'000

Operating profit - segment result

£'000

UK & RoW Roads

64,822

54,280

9,324

7,818

UK & RoW Rail

43,936

43,936

1,131

225

UK & RoW B&I

74,781

74,781

2,401

(2,815)

UK & RoW ENR

68,368

68,368

2,903

709

UK & RoW SC

26,367

26,367

4,046

2,481

Europe

25,981

25,981

1,150

1,091

Middle East

13,402

13,402

(1,090)

(1,180)

India

8,117

8,117

1,050

1,050

Asia Pacific

34,226

30,557

1,687

1,344

Total

360,000

345,789

22,602

10,723

The Group expects to provide a pre-close statement in relation to the interim results for the 26 weeks ending 1 November 2009 on 29 October 2009. 

Scott Wilson Group plc

Hugh Blackwood, Group Chief Executive

Sean Cummins, Group Finance Director

Lak Siriwardene, Head of Communications

020 7798 5187

020 7798 5245

07824 311762

Financial Dynamics

Charlie Armitstead/Charlotte Whitley

020 7269 7215

Scott Wilson Group plc

Scott Wilson Group plc is a global integrated design and engineering consultancy for the built and natural environments. With its headquarters in the UK, the Group has a worldwide network of 80 offices and over 6,000 employees. Scott Wilson offers strategic consultancy and multi-disciplinary professional services in the Railways, Buildings & Infrastructure, Environment & Natural Resources and Roads Sectors.

www.scottwilson.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
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