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Hyder grows order book

Engineering consultant, Hyder Consulting, announces a growing order book and full-year trading in line with expectations
April 12, 2012

The engineering consultant least exposed to the Eurozone and UK slowdown, Hyder Consulting, has reported an impressive 12 per cent year-on-year increase in its order book to £350m.

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Hyder generated 75 per cent of its profits outside the UK last year and it is overseas markets that are once again driving growth. As the Middle East puts oil money to work, Hyder won a £13m infrastructure project in Saudi Arabia. The Australian business also boosted its order book with work on the Pacific Highway in New South Wales and expanded operations in the country last month by acquiring GW Engineers for a maximum consideration of A$7m (£4.6m).