Mott MacDonald’s revenue passes £2.5 billion for the first time

James Harris, executive chair of Mott MacDonald (Image courtesy of Mott MacDonald)

The figure is a 6.1% increase on 2023, despite economic and political uncertainty in some of the key regions of the world where the company operates.

The company made a pre-tax profit of £123.3 million (€146.5 million), up from £112.9 million (€134.2 million) the year before.

Mott MacDonald said it had seen growth in its UK consultancy business, with key appoints to support National Grid in the design of two high-voltage links and its work with Holtec Britain and Hyundai Engineering & Construction to explore the delivery of small modular nuclear reactors.

In North America, it has continued to win work in the transit, tunnels and underground infrastructure and energy subsectors.

Meanwhile, in Australia and New Zealand, it acquired specialist consultancies Merz and Neo Engineering respectively. It was also selected by Queensland Hydro to provide engineering services for the upper and lower dams at the proposed energy hydro storage system at Lake Borumba.

And in Saudi Arabia, the company has won a role as city infrastructure engineer for the first phase of linear city The Line, which forms part of Neom.

James Harris, executive chair of Mott MacDonald, said, “The last 12 months mark another year of good performance for the business, as our revenues reached £2.5 billion for the first time. Though economic and political uncertainties persist across many of our regions, our recently enhanced employee ownership model and our long-term strategy ensure we are well positioned to continue growing, and to keep on delivering the right impact for our clients and the communities they serve.”