WS Atkins posts flat first-quarter sales but jobs to go as cost-cutting continues

City A.M. Reporter
ENGINEERING consultancy WS Atkins said first-quarter revenues were broadly flat but that it had cut more jobs during the period to combat challenging trading conditions in many of its markets.<br /><br />The company, which provides architectural, design and construction services, yesterday said the UK building design and utilities markets were still soft and that business in the Middle East remained challenging.<br /><br />&ldquo;We have continued to flex our business to reflect the challenging trading conditions in a number of our markets and we have reduced our headcount accordingly,&rdquo; the company said in a statement.<br /><br />Atkins, which has worked on projects as diverse as Dubai&rsquo;s seven star Burj Al Arab Hotel and Britain&rsquo;s Greenwich peninsula, said its energy, highways and transportation businesses were performing well and that its management and project services arm was trading in line with expectations.