Atkins (WS) Plc. (ATK.L) announced its preliminary results for the year ended 31 March 2013. Profit before tax for the year declined to 103.3 million pounds from 135.5 million pounds last year, with 2012 distorted by a large pension curtailment gain of 30.9 million pounds.
Profit attributable to Owners of the parent declined to 88.7 million pounds from the prior year's 106.7 million pounds, with earnings per share decreasing to 88.8 pence from last year's 106.6 pence.
Underlying profit before tax was 104.5 million pounds, an increase of 2.9% over last year's profit of 101.6 million pounds.
Turnover was broadly unchanged at 1.71 billion pounds.
"While we will continue to face challenges in some of our markets and sectors due to ongoing uncertain economic conditions and increased competition, we have made good progress towards our strategic priorities and expect this positive momentum to continue in the year ahead," the company said.
The company stated that its board has recommended a final dividend of 22.0 pence per ordinary share in respect of the year ended 31 March 2013, making the total dividend for the year 32.0 pence, compared to 30.5 pence paid last year, an increase of 4.9%. If approved at the Company's annual general meeting, the dividend will be paid on 23 August 2013 to ordinary shareholders on the register on 19 July 2013.
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