What's new . . .
■ Results to beat forecasts
■ Margins improving in core business
■ Cash generation ahead of forecasts
Consultant engineer WS Atkins (ATK) has reported a positive outlook for its core UK business after announcing it will deliver a "significant proportion" of the £3bn Thames Water is forecast to spend upgrading the water network in London and the Thames Valley. Atkins will join with Costain and Veolia Water as part of a joint venture to upgrade the pipe, sewer and water treatment network in the region during the 2015-20 regulatory period.