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Consultancy WSP goes for UK growth as it declares that market is booming

Lee Baker
07 January 2014
 

Consultancy WSP will seek to increase its UK market share with revenue growth of 10% per annum over the next three years, and is to recruit graduates from around the UK.

The objective comes after WSP's parent company GENIVAR reported in November that the consultancy had achieved 6.3% revenue growth in the year to date up to September 2013. Its transportation service has "generally seen an increase in activity, in the rail sector in particular, we see continued investment across the northern region, while on the highways front, significant activity with contractors in Scotland on major road schemes is occurring". 

The consultancy says that it wants to achieve 10% per annum revenue growth to increase its UK market share from two to three per cent. UK managing director Mark Naysmith says today: "2013 was a fast-paced year for WSP's UK business.

Growth this year will predominantly come from rail, highways, commercial and residential property. This is particularly true in London and South-East England where the market is booming, and regional activity is increasing. On the back of key roles in major national projects such as Crossrail and the redevelopment of London Bridge station, we are well-positioned to continue winning market share."

 

 

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