2003 Results
This has been a challenging year for Atkins. Last year’s introduction of our new finance and HR systems caused significant disruption to the business, with an adverse impact on the level of both overheads and net debt during the first half of the year. However underlying operational performance remained robust and we continued to retain and win work from our key customers throughout the period.

During the second half of the year the problems with our systems were addressed and a cost reduction programme was implemented to manage overheads. The Group was re-financed and rigorous debt management processes implemented. The basis for improved financial performance is now in place.

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