AMEC Plc grows like all these New World Order companies
Good News Britain: UK talent helps drive Amec growth
Jobs, growth, technological excellence. These are the goals that Britain should strive for and these are three of the priorities that drive Amec.
By Samir Brikho, Chief Executive of Amec
3:47PM BST 09 Aug 2012
Our first-half results show real progress on each of these fronts. Our global workforce increased by 15pc to 29,000 and of those new jobs that we created a large number were in the North Sea where we are helping our customers in the oil and gas industry extract the maximum amount of energy from increasingly mature fields.
Amec’s revenues also grew by more than a third to a little over £2bn as a result of the increased workload we took on, helping us to record a 25pc rise in underlying profits to £152m.
Those profits enable us to reward shareholders who provide the risk capital that allows the business to grow. But they also make it possible to invest in our most precious commodity – our people.
This year we will hire a record number of graduates. We will also put more people through the Amec Academy in addition to the 23,000 employees who have already benefited from the training it provides.
So Amec is prepared to do its bit to make sure that the good news continues to flow for Britain. The Government needs to do likewise and I am confident that it is trying hard to deliver on its part of the bargain, against a difficult backdrop of no or very low growth. That means having a competitive economy with the kind of tax rates and regulatory environment that encourage investment and entrepreneurship.
It also requires us to have an education system – from nursery school right through to university – that produces the talented engineers with the right skills and capabilities that we as a major employer need. We fish for our talent in a wide pool but the UK is a hugely important part of that.
And we also need a clear and consistent energy policy that allows us as a country to meet our electricity needs from a secure and diverse range of sources – gas, nuclear, abated coal and renewables.
In a world where energy resources are becoming more expensive and more technically difficult to extract, it is important that the investment community and companies such as ourselves have the confidence to plan for the future to meet the UK’s needs.