HYDER CONSULTING PLC 
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12/04/2012
Pre Close Trading Statement
Hyder Consulting PLC (the "Group"), the
multi-national design and engineering consultancy,
provides the following statement in advance of results
for the financial year ended 31 March 2012, which are
scheduled to be announced on 13 June 2012.
Trading performance
The Group has performed in line with the Board's
expectations for the year.
At the year end the order book is expected to be
approximately £350 million (March 2011: £312 million).
The most recent contract awards include a large
infrastructure consultancy project for Jeddah
Municipality in Saudi Arabia, the Oxley Highway to
Kempsey section of the Pacific Highway in New South Wales
Australia, and an environmental framework for the Office
of Government Commerce in the UK.
Our Australian business has performed in line with
expectations, benefiting from an increased order book. In
Asia results are ahead of the prior year as a result of
investments and market repositioning. The growing order
book in the Middle East is encouraging and we anticipate
improving results over the course of 2012-13. The
integration of SAK Engineering Consultants is proceeding
well, and providing the Group with new opportunities in
Saudi Arabia. In the UK, we have been winning new
projects in a very competitive market, though results
will, as anticipated, be lower than in 2010-11. In
Germany results have improved following the successful
integration of Ingenieur Consult.
Acquisition
In March the Group acquired GW Engineers Australia Pty
Ltd, a Sydney based engineering consultancy with 50 staff
in the important resources sector. Initial consideration
of A$3m (c.£2m) was paid in cash, with a further A$4m
(c.£2.6m) payable contingent on future business
performance.
Financial position
The Group remains in a strong financial position with net
cash balances of approximately £15 million at 31
March.
Outlook
Hyder's international order book is growing, the
balance sheet is strong and we benefit from a broad
geographic and market diversity. The Board is confident
of the outlook for the coming year.
Enquiries:
Hyder Consulting PLC
Russell Down, Group Finance Director
Tel: 020 7904 9087
Citigate
Ginny Pulbrook
Tel: 020 7282 2945
Notes:
1. About Hyder Consulting: Hyder Consulting is a
multi-national design and engineering consultancy
operating in Asia, Australia, the Middle East, Germany
and the UK. We employ approximately 3,700 people and
apply our global expertise coupled with local knowledge
to create award winning solutions for the transport,
property, utilities and environment sectors.
2. This announcement is based on information obtained
from unaudited management accounts and is before any
non-recurring items.
3. This announcement contains certain forward-looking
statements with respect to the financial condition,
results of operations and businesses of Hyder Consulting.
These statements involve risk and uncertainty because
they relate to events and depend upon circumstances that
will occur in the future. There are a number of factors
that could cause actual results or developments to differ
materially from those indicated by these forward-looking
statements. Nothing in this announcement should be
construed as a profit forecast.
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