Opus International Consultants delivered strong top line growth in 2014 with revenue up 17% on 2013 to $539.6m. NPAT was up 15% to $26.2m and Return on Equity was 18.4%, compared with the NZX 50 average of 11.5%. Operating cash flow remained strong at $32.1m, up 29%, and the full-year dividend increased by 13% on the prior year.
Opus International Consultants (Opus), in association with Al Joaib and Psomas, has been announced as the successful tenderer for a NZ$20m, five-year contract by the Royal Commission of Jubail in the Kingdom of Saudi Arabia.
Infrastructure consultancy, Opus International Consultants (Opus) has announced a major restructure of its New Zealand business.
Initiated in 2005, the New Zealand Engineering Excellence Awards are the premier awards for the engineering professionals of New Zealand. The awards categories recognise people, projects and products, with a Supreme Award for the best project and product. Leadership, innovation, entrepreneurship and young engineers are also recognised along with the use of leading edge technology.
Opus International Consultants Ltd (Opus) has reported a restructure of its Executive Leadership Team effective immediately.
Opus subsidiary, Structural Surveys Direct will operate under the Opus Structural Surveys brand from November 1, 2014. The company, based in Doncaster in the UK, provide inspection and surveys to homeowners, as well as asset and data management services to its corporate clients.
The NZ Transport Agency GEM Awards recognise and celebrate suppliers who ‘Go the Extra Mile' for customer service and safety. The Opus/HEB team won the ‘Teaming Up' Award for the Marlborough Roads Network Outcome Contract. The HEB/Opus JV is the first of its kind in New Zealand for the NZ Transport Agency where two traditionally separate service providers - consultants and contractors, have amalgamated to deliver road maintenance services under a Network Outcome Contract in Marlborough. The JV environment has improved the service delivery to Marlborough Roads by providing a ‘one stop shop' and has also delivered the clients cost savings to the value of $750,000.
Gurjit Sangha, P.Eng., has been appointed to the role of President, Opus DaytonKnight. He commences the role on October 16, 2014 and succeeds the retiring John Boyle, P.Eng.
Hugh Morrison has been appointed as Opus’ new Director of International Growth. He will commence the role on 13 October 2014 replacing the incumbent Alec Webster who retires at the end of 2014.
Mr Morrison was recently Group CEO and Director of Arrow International Group Ltd. He brings to the role extensive experience in the infrastructure sector in senior management and directorship roles.
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