Report

Update: Making it happen

WYG has set ambitious growth targets and, to borrow a phrase from the FY14 Annual Report, it is now about making it happen. H115 results showed good year-on-year progress despite a slower rate of EU project awards. The latter effect is expected to be temporary and prospects are positive in all three regions now. WYG’s rating comes down sharply on our estimates in FY16. Management aspirations – an FY18 PBT target double our FY16 estimate – suggest there is scope for this process to accelerate.
Underlying
WYG
WYG

WYG plc is a global project management and technical consultancy. The Company is engaged in creating and managing strategic assets by engaging with clients in the early stages of a project, and continuing to advise them throughout its lifecycle. The Company's segments are UK; EAA (Europe, Africa and Asia), and MENA (Middle East & North Africa, including Turkey). The Company offers an array of services, including aquatic ecology, brownfield regeneration, climate change adaptation, development management, energy management, flood risk assessment, health and safety management, intelligent transport systems, landscape planning, management training, nuclear decommissioning and asset care, outsourcing, planning applications, rural and agricultural development, and social and civil society development. It serves sectors, such as defense and justice, energy and waste, environment, mining and metals, transport, social development and infrastructure, and urban and commercial development.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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