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22-Feb-12
Amec has reported another successful year, with revenue up 11% to £3.3 billion and EBITA rising by 12% to £299 million. The London-listed firm achieved an EBITA margin of 9.2%. However, exceptional charges of £6 million and higher amortisation ate into pre-tax profit, which was steady at £259 million. More positively, adjusted pre-tax profit was up 11%, to £311 million. Amec's operating cash flow improved notably,...
Further growth for Amec in 2011
22-Feb-12
Amec has reported another successful year, with revenue up 11% to £3.3 billion and EBITA rising by 12% to £299 million. The London-listed firm achieved an EBITA margin of 9.2%. However, exceptional charges of £6 million and higher amortisation ate into pre-tax profit, which was steady at £259 million. More positively, adjusted pre-tax profit was up 11%, to £311 million. Amec's operating cash flow improved notably,...
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