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UK division of URS posts 2008 loss

Revenue stable, but profits tumble; focus on serving needs of US-based multinationals

29-Oct-09  One of the longest-established names in the UK environmental consultancy sector, URS, has reported a 2008 pre-tax loss despite revenue remaining virtually unchanged. The UK division of San Francisco-based URS Corporation has reported turnover for 2008 of £68.6 million, virtually the same as its 2007 turnover of £68.4 million. While gross profit rose to £32.4 million (£29.8 million in 2007), the company has reported an...