Mott MacDonald has reported a strong performance across its global regions in its annual results for the 2022-23 financial year.
The global engineering, development and management consultancy delivered gross revenue of £2.37 billion, up 15.8 per cent on FY2022, generating a pre-tax profit of £112.9 million.
The company also increased its headcount by 10 per cent to almost 20,000 people.
The figures reflect growth in the group’s key market segments such as transport, energy, water and buildings.
Major projects undertaken by the company’s North American and UK businesses contributed ‘significantly’ to its results.
In the UK, Mott MacDonald is supporting delivery of large-scale nuclear projects and small modular reactors (SMRs).
It is also working as the interim delivery partner for the New Hospital Programme (NHP) on behalf of the UK Government.
In North America, the business has delivered major infrastructure projects including the Long Island Rail Road’s East Side Access project, and the Los Angeles Regional Connector in 2023.
In Asia, it is playing a key role on critical transport schemes such as Singapore’s Changi Airport Terminal 5 – the world’s largest aviation project, as well as the delivery of six new pumped hydropower storage projects in Australia.
Mott MacDonald continues to work in the Middle East also, and has opened a new office in Riyadh, Saudi Arabia.
James Harris, chairman and chief executive of Mott MacDonald, said: “We are a successful, resilient and purpose-driven business, and we are well positioned across our core markets for 2024 and beyond.
“Our ability to take a long-term view is a significant benefit to our employee-ownership model and an important part of who we are, enabling us to continue investing in areas like digital and innovation.
“That means our brilliant people can continue to reach new levels of excellence as we tackle complex challenges for our clients and make a real impact in the communities they serve.”
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