Atkins recovers $12.9m in debt from Middle East firms
WS Atkins recovered £8m ($12.9m) in outstanding debts from clients in the Middle East. Through this debt recovery the company rose to 70% in regional full-year profit. The debt recovery included payment of outstanding fees from government and semi-government firms.
Atkins reported total underlying pre-tax profit for the year to end March of £102.7m against £93.9m in 2010. Profit for its Middle East unit reached £23m.