Business | Business NewsWS Atkins beats City forecasts as projects keep pulling in cash Jamie Dunkley11 June 2015Olympic park designer WS Atkins' full-year results have beaten profit forecasts as the Government continued to plough money into infrastructure projects.The company, which is also behind Oxford Circus’s diagonal crossing, saw its pre-tax profits fall 6.6% to £106.7 million last year after taking a currency hit because of the strong pound.However, underlying profits were £121.9 million, ahead of the £117.8 million forecast by analysts with revenues up 0.4% to £1.7 billion.“The group delivered another set of good results against a background of continued challenges in the broader macroeconomic environment,” said chief executive Uwe Krueger.“Our highways and transportation and design and engineering businesses continued to benefit from the UK Government’s focus on infrastructure investment.”Read MoreHeathrow's runway case strengthened by record passenger numbersNetwork Rail profits halve as it battles strikes and line disruptionGovernment sells off Eurostar stake for £757.1 millionEarlier this year, WS Atkins had warned it could be hit by a “hiatus” in work around the general election as spending decisions were delayed.It said its energy business had made gains in nuclear and renewable projects, offsetting those hit by falling oil prices.
