TIDMRPS
RNS Number : 9136C
RPS Group PLC
21 April 2017
RPS Group PLC
("RPS" or "The Group")
Effects of changes to segmentation
On 2 March, in the results announcement for the year ended 31
December 2016, we reported that the Board had decided that, from 1
January 2017, the Group would operate and report three
multi-disciplinary regional segments: Australia Asia Pacific
("AAP"), which has been in existence since 2013, Europe and North
America. The latter two have been formed by combining Built and
Natural Environment ("BNE"): Europe with the Europe, Africa and
Middle East ("EAME") component of Energy and BNE: North America
with the North America component of Energy.
The effect of these changes on the segment results for the year
ended 31 December 2016 and on the six months ended 30 June 2016 is
given below in notes 1 and 2 respectively.
21 April 2017
Enquiries:
RPS Group plc Tel: 01235 863206
Dr Alan Hearne, Chief Executive
Gary Young, Finance Director
Instinctif Partners Tel: 020 7457 2020
Justine Warren
Matthew Smallwood
RPS is an international consultancy providing advice upon the
development and management of the built and natural environment;
the planning and development of strategic infrastructure, and the
evaluation and development of energy, water and other resources.
Our main offices are in the UK, Ireland, the Netherlands, Norway,
the USA, Canada and Australia Asia Pacific. We undertake projects
in many other parts of the world.
Note 1
Segment results for the year ended 31 December 2016 as
restated
Intersegment External
GBP000s Fees Expenses revenue revenue
--------------------- ----------- --------------- ------------- ---------
Europe 307,671 42,406 (1,603) 348,474
North America 98,560 9,722 (323) 107,959
AAP 130,140 8,439 (541) 138,038
Group Eliminations (2,075) (392) 2,467 -
Total 534,296 60,175 - 594,471
--------------------- ----------- --------------- ------------- ---------
Underlying Reorganisation Segment
GBP000s profit cost profit
--------------------- ----------- --------------- -------------
Europe 42,120 (3,289) 38,831
North America 10,623 (1,079) 9,544
AAP 15,481 (1,246) 14,235
Total 68,224 (5,614) 62,610
--------------------- ----------- --------------- -------------
Segment results for the year ended 31 December 2016 as
originally presented
Intersegment External
GBP000s Fees Expenses revenue revenue
--------------------- ----------- --------------- ------------- ---------
BNE - Europe 269,029 36,166 (714) 304,481
BNE - North America 65,382 6,398 (160) 71,620
Energy 71,490 9,327 (485) 80,332
AAP 130,140 8,439 (541) 138,038
Group Eliminations (1,745) (155) 1,900 -
Total 534,296 60,175 - 594,471
--------------------- ----------- --------------- ------------- ---------
Underlying Reorganisation Segment
GBP000s profit cost profit
--------------------- ----------- --------------- -------------
BNE - Europe 35,598 (460) 35,138
BNE - North America 8,156 (305) 7,851
Energy 8,989 (3,603) 5,386
AAP 15,481 (1,246) 14,235
Total 68,224 (5,614) 62,610
--------------------- ----------- --------------- -------------
Detailed reclassification for the year ended 31 December
2016
Intersegment External
GBP000s Fees Expenses revenue revenue
--------------------- ----------- --------------- ------------- ---------
Europe 38,642 6,240 (889) 43,993
North America 33,178 3,324 (163) 36,339
Energy (71,490) (9,327) 485 (80,332)
AAP - - - -
Central (330) (237) 567 -
Total - - - -
--------------------- ----------- --------------- ------------- ---------
Underlying Reorganisation Segment
GBP000s profit cost profit
--------------------- ----------- --------------- -------------
Europe 6,522 (2,829) 3,693
North America 2,467 (774) 1,693
Energy (8,989) 3,603 (5,386)
AAP - - -
Total - - -
--------------------- ----------- --------------- -------------
Note 2
Segment results for the six months ended 30 June 2016
as restated
Intersegment External
GBP000s Fees Expenses revenue revenue
--------------------- ----------- --------------- ------------- ---------
Europe 151,363 20,406 (835) 170,934
North America 47,312 5,052 (187) 52,177
AAP 63,171 5,358 (209) 68,320
Group Eliminations (1,042) (189) 1,231 -
Total 260,804 30,627 - 291,431
--------------------- ----------- --------------- ------------- ---------
Underlying Reorganisation Segment
GBP000s profit cost profit
--------------------- ----------- --------------- -------------
Europe 17,093 (2,452) 14,641
North America 5,339 (448) 4,891
AAP 7,344 (1,037) 6,307
Total 29,776 (3,937) 25,839
--------------------- ----------- --------------- -------------
Segment results for the six months ended 30 June 2016
as originally presented
Intersegment External
GBP000s Fees Expenses revenue revenue
--------------------- ----------- --------------- ------------- ---------
BNE - Europe 131,205 17,332 (275) 148,262
BNE - North America 31,957 3,675 (81) 35,551
Energy 35,300 4,327 (329) 39,298
AAP 63,171 5,358 (209) 68,320
Group Eliminations (829) (65) 894 -
Total 260,804 30,627 - 291,431
--------------------- ----------- --------------- ------------- ---------
Underlying Reorganisation Segment
GBP000s profit cost profit
--------------------- ----------- --------------- -------------
BNE - Europe 16,751 (383) 16,368
BNE - North America 4,753 (151) 4,602
Energy 928 (2,366) (1,438)
AAP 7,344 (1,037) 6,307
Total 29,776 (3,937) 25,839
--------------------- ----------- --------------- -------------
Detailed reclassification for the six months ended 30
June 2016
Intersegment External
GBP000s Fees Expenses revenue revenue
--------------------- ----------- --------------- ------------- ---------
Europe 20,158 3,074 (560) 22,672
North America 15,355 1,377 (106) 16,626
Energy (35,300) (4,327) 329 (39,298)
AAP - - - -
Central (213) (124) 337 -
Total - - - -
--------------------- ----------- --------------- ------------- ---------
Underlying Reorganisation Segment
GBP000s profit cost profit
--------------------- ----------- --------------- -------------
Europe 342 (2,069) (1,727)
North America 586 (297) 289
Energy (928) 2,366 1,438
AAP - - -
Total - - -
--------------------- ----------- --------------- -------------
This information is provided by RNS
The company news service from the London Stock Exchange
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