Amey's turnover increases

Amey's infrastructure maintenance division contributed £5.6 million of the group's £7.6 million pre-tax profit in the first half of 1998.

Brian Staples, chief executive, described Amey's interim results as "excellent". The group's core activities are now infrastructure maintenance and business process outsourcing. Construction work has been re-classified as a support to the core.

Group turnover in the six months to 30 June was £210 million (£180 million). Turnover in the infrastructure maintenance division climbed to £85 million (£75 million), a figure which split between rail (£50 million) and road work (£35 million).

Amey Rail is currently re-bidding its Newport area maintenance contract, the first of its contracts to come up for renewal. Amey is also chasing the adjacent West Midlands and Cambrian area.

Amey Highways' success in winning the management and maintenance contracts for Areas 1 and 19 has increased its market share to 28 per cent: there are 3,400km of carriageway and 4,600 structures under its care. Current contracts provide a workload of £180 million.