Worker-owned consulting engineer Mott MacDonald has roughly 20,000 body of workers throughout greater than 50 international locations. In 2024 it generated gross income of £2,518m. This used to be up 6% on 2023’s £2,374m, however 2023 used to be up 16% on 2022’s £2049m.
Running benefit of £100.7m used to be 9.5% up on 2023, with the running margin at 4.0% (2023: 3.9%).
Pre-tax benefit used to be up 9% at £123.3m (2023: £112.9m)
Government chair James Harris defined in the yearly record that the rise in income used to be partially right down to inflation and partially marketplace pushed.
He mentioned: “Right through the yr the speed of expansion within the consultancy industry slowed because of weaker infrastructure markets with some initiatives being deferred or cancelled, and markets usually slowing down. The manager board stays pleased with the extent of expansion and profitability within the consultancy industry towards the backdrop of the industrial headwinds that seem to be creating extra broadly throughout its markets.
“The contracting industry [Mott MacDonald Bentley JV] is a UK industry, basically running within the water sector, which grew 31% within the yr benefitting from superb markets in the United Kingdom’s regulated asset repairs programmes (AMP) for water corporations. There used to be excellent expansion and excellent alternative from AMP7 coming to an finish and from AMP8 providing early alternative within the subsequent buying and selling cycle which can steadily select up over the following twelve months.”
The 2024 income from consulting actions used to be 78% of total income with 22% from contracting, in comparison to an 82/18 ratio in 2023.
Mott MacDonald Bentley larger its income by way of greater than 40% final yr to £503.5m. Mott MacDonald owns 25% of it and JN Bentley Ltd has 75%.
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