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WS Atkins PLC (ATKW.L)

ATKW.L on London Stock Exchange

2,082.00GBp
25 May 2017
Change (% chg)

-4.00 (-0.19%)
Prev Close
2,086.00
Open
2,090.00
Day's High
2,098.00
Day's Low
2,082.00
Volume
248,323
Avg. Vol
622,412
52-wk High
2,148.00
52-wk Low
1,191.00

Latest Key Developments (Source: Significant Developments)

SNC-Lavalin adjusts funding arrangement in WS Atkins offer
Tuesday, 16 May 2017 02:00am EDT 

May 16 (Reuters) - Snc-lavalin Group Inc :Offer update.As noted in offer announcement, part of consideration for offer is to be funded from syndicated credit facility and a term loan agreement.Snc-Lavalin has amended and restated syndicated credit facility and term loan agreement into a single agreement.Amended and restated syndicated credit facility agreement) containing a committed revolving credit facility of c$2,750,000,000, a committed term facility of £300,000,000 and a new c$2,500,000,000 uncommitted credit facility.Bridge facility agreement has been terminated and will be removed from snc-lavalin and atkins websites.Syndicated credit facility agreement and term loan agreement will also be removed from snc-lavalin and atkins websites and will be replaced by amended and restated syndicated credit facility agreement.  Full Article

WS Atkins says FY expectations remain unchanged
Wednesday, 12 Apr 2017 02:00am EDT 

WS Atkins Plc : Trading statement . Provides an update on trading for year ended 31 March 2017 in advance of its preliminary results announcement on 15 June 2017 . Group has traded well through Q4 . Expectations for group performance for year ended 31 March 2017 remain unchanged . Group's financial position remains strong . Expect to report net debt of around £10 mln at 31 March 2017 .Performance across group's five operating segments has remained consistent with that reported in our Q3 trading update in early February.  Full Article

WS Atkins says reaches pension plan agreement
Wednesday, 5 Apr 2017 02:22am EDT 

WS Atkins Plc : Atkins pension plan agreement . Reaches agreement on actuarial pension plan valuation . Agreement with trustee of Atkins pension plan with respect to 2016 triennial actuarial funding valuation and associated recovery plan. . At 31 march 2016 valuation shows a funding deficit of £318 million. . A level of company contributions has been agreed over a repayment plan period to march 2025, consistent with 2013 repayment plan .Group will pay £34.5 million in financial year to 31 march 2018, with payments in following years escalating at 2.5% per annum..  Full Article

WS Atkins reports in-line trading for Q3
Wednesday, 8 Feb 2017 02:00am EST 

Ws Atkins Plc : Trading statement . Has traded in line with expectations during period, with continued currency benefits as anticipated . Outlook for full year remains unchanged . Trading performance in our UK and Europe business has continued strongly through Q3 . Our North American business has enjoyed another good trading period . Looking beyond this, we are encouraged by proposed level of infrastructure spend in North America and are focused on securing larger scale opportunities . Performance of our Middle East region has been in line with our expectations during Q3 . Remain cautious around outlook for Middle East, given competitive markets and ongoing uncertainty as to timing of pipeline opportunities . Our nuclear business, which represents around 70 pct of our energy segment, has performed well in period .Group's financial position remains strong.  Full Article

CH2M approached WS Atkins about a possible $4 bln merger- Times
Sunday, 29 Jan 2017 07:37pm EST 

: CH2M has approached its UK competitor WS Atkins about a possible $4 billion merger- Times,citing sources Source http://bit.ly/2jteHJK ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

WS Atkins confident on H2, says Brexit has "minimal impact"
Thursday, 29 Sep 2016 02:08am EDT 

Ws Atkins Plc : We remain confident for second half, despite continued uncertainty and volatility in some of our markets. . Group's overall first half performance, including positive currency effects, is expected to be in line with expectations .To date, eu referendum result has had minimal impact on our highly diversified uk and europe business..  Full Article

WS Atkins says traded in-line with expectations for Q1
Tuesday, 2 Aug 2016 02:00am EDT 

Ws Atkins Plc : Confident for year ahead, despite continued uncertainty in some of our markets. . While result of eu referendum has created some uncertainty in market, to date have not experienced any immediate impact. .Traded in line with expectations through q1.  Full Article

WS Atkins FY profit beats market expectations
Thursday, 16 Jun 2016 02:21am EDT 

Ws Atkins Plc : Fy revenue up 6% to £1.86bn . Fy underlying profit before tax of £139.0m, ahead of market expectations . Strong balance sheet with net funds of £191.7m at 31 march 2016 . Difficult year for energy, although good growth in nuclear, power and renewables . Significant improvement in uk and europe performance . Remain confident for year ahead despite continued uncertainty in some of our markets . In uk, we see a healthy pipeline of opportunities, particularly in infrastructure markets . Despite difficult trading conditions in oil and gas market, we believe we are well positioned for medium and longer term . Final dividend 27.8 penceper share .Total dividend up 8.2 percent to 39.5 penceper share.  Full Article

WS Atkins plc gives FY 2015 outlook
Wednesday, 29 Jul 2015 02:00am EDT 

WS Atkins plc:Says that the group has traded in line with expectations and outlook for FY 2015 remains positive.  Full Article

WS Atkins PLC recommends final dividend
Thursday, 11 Jun 2015 02:00am EDT 

WS Atkins PLC:Recommending final dividend of 25.5 pence per ordinary share in respect of FY 2015, making total dividend for year 36.5 pence (2014: 33.75 pence).Dividend an increase of 8.1 pct, If approved dividend will be paid on Aug. 21 to ordinary shareholders on the register on July 10.  Full Article

More From Around the Web

BRIEF-SNC-Lavalin adjusts funding arrangement in WS Atkins offer

* As noted in offer announcement, part of consideration for offer is to be funded from syndicated credit facility and a term loan agreement