Waterman looks ahead to ‘encouraging’ orderbook

Waterman, the consultancy group, has unveiled an interim pre-tax profit of £2m (£1.8m) in the six months to the end of 2005.

Revenue was higher at £40m (£36m). Managing director Bob Campbell reported the long-term orderbook is “very encouraging and extends out to 2013”.

In the UK, the London commercial sector continues to recover, with Waterman working on the Trocadero in the West End and the former Stock Exchange.

Waterman Building Services has secured new commissions, including offices and residential projects in London and Leeds.

The group’s environmental businesses continue to expand, thanks in part to the acquisition of JP Envirosystems in December. Its offices are in Sheffield and London.

Waterman Civils, the group’s civil engineering subsidiary, has advised on highway projects, including a new access bridge to Dartford Park over the M25. In the rail sector, its projects include the new 240ha Parkside Rail terminal near Warrington.

Waterman has also been active overseas. Moyan, the group’s Dublin-based consultancy, continued to gain market share in the fast-growing Irish consultancy sector. Turnover was up 20% and additional staff have come on board.

In Russia, Waterman has been appointed to design a large office tower in Moscow, while in China the group is lead consultant for the design of part of the city of Tianjin – the new area will eventually have a population of more than three million.