WYG drafts in Amec director as order book bulges

WYG has drafted in Amec director Iain Clarkson as its new CFO as the engineer posted strong results, including a 50% jump in its UK order book.

In the year to March 2016 the firm posted a 23% jump in pre-tax profit to £7m, up from £5.7m the previous year.

UK revenue increased by 15% to £96.3m, up from £83.9m, driven by strong demand for services in its planning and infrastructure markets as well as a series of bolt-on acquisitions. The firm was also bullish over the uncertainty surrounding the forthcoming EU referendum, prediting that it would not be “unduly affected” by the outcome.

WYG’s UK order book rose to £79.5m, up from £53m, while its overseas orders rose by a third to £70.6m.

Clarkson joins from Amec Foster Wheeler, where he was finance director of its Clean Energy Europe Business.

The hire is part of a recruitment drive by WYG to meet its growing workload.

WYG chief executive Paul Hamer (pictured) said: “Having had a very strong finish to the year, we are seeing buoyant conditions across all three of our regions driving continued strong momentum into the new financial year.”