Arcadis is implementing covid "contingency plans" and says the pandemic impacts will be “difficult to predict”, as it revealed a fall in turnover and profit in 2019.
Turnover in the year to 31 December 2019 fell to £174m, down from £200.3m the year before. Profit for the year before members’ remuneration and profit share was £20m, down from £24m the year before. The firm's adjusted operating margin was 16.6% (up slightly on 16.5% in 2018).
Arcadis said the lower annual turnover was due to “an increase in the amount of work on contracts delivered by other entities in the UK group”.
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