Half-Year results announced today show Opus International Consultants’ performance continues to improve.
Opus international Consultants Limited (Opus) today received a takeover notice under the Takeovers Code from WSP NZ Acquisition Limited (WSP), a wholly-owned subsidiary of WSP Global Inc.
Opus International Consultants today welcomes Elakumari Kantilal as a non-independent director of the company.
Mohd Shahazwan bin Mohd Harris has today announced that he has resigned from the Opus International Consultants Board following his resignation from the board of UEM Edgenta Berhad.
Keith Watson has been appointed as Chair of Opus International Consultants Ltd (Opus), to succeed Dr Kerry McDonald, with the appointment taking effect on 1 August 2017.
Opus International Consultants has announced the appointment of a new Director, Low Chee Yen, effective from 8 May 2017.
Opus International Consultants (Opus) reported a much improved second half performance for 2016 despite continuing difficult economic conditions in Canada and Australia, with Operating EBIT up from $2.5m in the first half to $17.7m for the full year.
In 2016 our people were recognised for their individual professionalism, expertise, agility and commitment to the industry.
Opus International Consultants (Opus) reported a mixed performance for the first six months of 2016 with continuing difficult economic conditions, particularly in Canada and Australia, and weaker margins in New Zealand. In the Half Year ending 30 June, revenue was $236.8m, down 7.4%, and underlying operating earnings before interest and tax (EBIT) were $2.5m, down 78.7%.
Close collaboration between Opus, the NZ Transport Agency and Waikato-Tainui led to the development of the Waikato-Tainui Mitigation Plan. This has resulted in the establishment of protocols and measures to address potential cultural and environmental effects throughout the construction and operation of the Hamilton Section of the Waikato Expressway. It sets a new benchmark for addressing cultural impacts, with a shift in focus from effects mitigation to seizing an opportunity for Iwi to reconnect with lost whakapapa and heritage.