Achieving growth

To achieve our Vision 2015 strategy, we need not only to build on our existing market positions but also to enhance our capabilities and expand our geographic coverage.

During 2011, we made the following progress towards our Vision 2015 goals:

• The acquisition of MACTEC, a 2,600-person, US-based engineering and environmental services company which is highly complementary to AMEC's existing Environment & Infrastructure business, in terms of geographic footprint, customer base and service offering
• The completion of three other acquisitions during the year: Zektingroup, an Australian-based specialist engineering consultancy with exposure to coal seam methane and the controlled-environment market; qedi, a UK-based project delivery company; and BCI Engineering, a US-based environmental consultancy
• Winning our first biomass project in South Africa, for paper producer Sappi
• Selected by INEOS Bio to be its global license support engineering firm, as it rolls out its licensing programme for the INEOS Bio advanced bioenergy technology
• Work on the Oyu Tolgoi mine site in Mongolia
• Underlying revenue growth in 2011 was 3 per cent. With a year-end order book of £3.7 billion, double- digit underlying revenue growth is expected in 2012
• EPS was 70.5 pence, up 13 per cent on 2010
• We now expect to achieve our targeted EPS before 2015