Designed as a 'buy'

Published on Friday 6 November 2009 21:20

Scott Wilson Group 121p -0.75p Scotsman says BUY

SCOTT Wilson Group offers integrated design and engineering consultancy for the built and natural environment. It operates through five geographical regions; UK central, UK south, Scotland and Ireland, UK railways and international. The company provides strategic consultancy and multi-discipline professional services in the railways, buildings and infrastructure, environment and natural resources and roads sectors. Its key regions are the UK, Asia-Pacific, Europe, India and the Middle East, with regional centres in London, Hong Kong, Warsaw, New Delhi, Bahrain and Dubai.

Scott Wilson is a client of Brewin Dolphin. In a recent pre-close statement, the company confirmed that interim results will be ahead of market expectations. The management initiatives taken last year are having a very positive effect, evidenced by the 18 million of international contract awards announced recently.

Key projects include the Airdrie to Bathgate rail link, designed to boost transportation for those communities served by the A8 and the A80.

The company was appointed to do a preliminary feasibility study for the civil engineering works associated with the establishment of the offshore supply base at Pointe Noire, in West Africa.

At home, Scott Wilson was appointed to examine the options of either replanting the existing Lochaber hydroelectric power scheme or constructing a new operation in its entirety. These projects emphasise the diversity of Scott Wilson's operations and their high profile makes it likely that the group will continue to win new business around the world.

&#149 The value of your investment could fall and you may get back less than you invested. You should take professional advice if you have any doubt about the suitability of this company for your portfolio.