Infrastructure consultant says it is trading in line with expectations

Mouchel has delivered a bullish trading update, which suggests no signs of a slowdown in its markets.

Richard Cuthbert
Richard Cuthbert

The infrastructure consulting and services said it was trading in line with expecations and said the longer term outlook was favourable.

It said integration with services firm HBS was on track to deliver savings and higher profitability for the group.

The group’s order book stands at £2.3bn and its pipeline of work is worth £2.1bn.

Highlights include the Hackney Building Schools for the Future contract, which is expected to be secured in Spring and work to provide property services in the Northern area of the Metropolitan Police Authority.

Overseas the group is targeting infrastructure masterplanning, design and programme management in the Middle East.

Chief executive Richard Cuthbert said: “Our success in tendering for and winning new work, the strength of our order book and pipeline and our success in acquiring and integrating new businesses all serve to maintain our confidence in the group's future prospects.”

Mouchel will announce interim results for the six months ended 31 January 2008 on Monday 31 March 2008.