Table of Contents
1. EXECUTIVE SUMMARY 1
2. INTRODUCTION 6
2.1 Definitions 7
2.2 Methodology 8
2.3 Abbreviations 8
2.4 Market Positioning 9
2.5 UK Economy 10
2.6 Market Factors 13
3. MARKET SIZE AND TRENDS 17
3.1 Chapter Summary 18
3.2 Market Size 19
3.3 Market Segmentation 21
3.3.1 Water 21
3.3.2 Sewerage 40
3.3.3 Electricity 47
3.3.4 Gas 53
3.3.5 Air Transport 58
3.3.6 Communications 62
3.3.7 Railways 64
3.3.8 Harbours 67
3.3.9 Roads 69
3.4 Seasonality of Sales 73
3.4.1 Overall 73
3.4.2 Water 74
3.4.3 Sewerage 74
3.4.4 Electricity 75
3.4.5 Gas, Communications and Air Transport 75
3.4.6 Railways 75
3.4.7 Harbours 76
3.4.8 Roads 76
3.5 Regional Sales 77
4. INDUSTRY STRUCTURE 78
4.1 Chapter Summary 79
4.2 Industry Development 79
4.3 Company Profiles 80
4.3.1 AMEC 80
4.3.2 AMEY 83
4.3.3 Balfour Beatty 86
4.3.4 Bovis Lend Lease 91
4.3.5 The Costain Group 93
4.3.6 Jarvis 95
4.3.7 John Laing 97
4.3.8 Carillion 100
4.3.9 J Murphy & Sons 103
4.3.10 Bam Nuttall (previously Edmund Nuttall) 104
4.3.11 Interserve 106
4.3.12 Skanska UK 109
4.3.13 McNicholas Construction Holdings 111
4.3.14 Galliford Try Infrastructure (previously Morrison Construction) 113
5. MARKET FORECAST 117
5.1 Chapter Summary 118
5.2 Market Overview 119
5.3 Water Industry Development 122
5.4 Sewerage Industry Development 127
5.5 Electricity Industry Development 128
5.6 Gas Industry Development 132
5.7 Air Transport Development 139
5.8 Communications Development 141
5.9 Railways Development 142
5.10 Harbours Development 147
5.11 Roads Development 148
5.12 Road Maintenance 151
6. FURTHER SOURCES & CONTACTS 153
6.1 Trade Associations 154
6.2 Trade Magazines 154
6.3 Trade Exhibitions 157
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List of Tables
1: Total New Construction and Civil Engineering Output in Great Britain, 2005-2009 10
2: Civil Engineering Construction Output in Great Britain, 2005-2009 20
3: Public and Private Civil Engineering Construction Output in Great Britain, 2005-2009 20
4: Total Capital Expenditure by Water and Sewerage Companies in England & Wales,
2005- 2010 24
5: Total Capital Expenditure by Water Only Companies in England & Wales, 2005- 2010 25
6: UK Capital Expenditure on Water and Sewerage Services, 2004/05-2008/09 26
7: UK Capital Expenditure on Water and Sewerage Services, 2004/05-2008/09 26
8: Analysis of Water Related Capital Expenditure, by Water and Sewerage Companies in England and Wales, 2004/05-2008/09 27
9: Analysis of Scottish Water Capital Expenditure on Water and Sewerage Services,
2004/05-2008/09 30
10: Water Related Capital Expenditure in Northern Ireland, by Type, 2002/03-2006/07 31
11: Analysis of Water Capital Expenditure in England and Wales, by Water and Sewerage Companies, by Type, 2004/05-2008/09 31
12: Analysis of Water Capital Expenditure in England and Wales, by Water Only
Companies, by Type, 2004/05-2008/09 32
13: Analysis of Water Distribution Capital Expenditure, by Water and Sewerage
Companies, 2004/05-2008/09 32
14: Analysis of Water Distribution Capital Expenditure, by Water Only Companies,
2004/05-2008/09 33
15: Total Industry Leakage, 2004/05-2008/09 34
16: Water Leakage Levels, by Company, 2004/05- 2008/09 34
17: Water Leakage Levels Targets, by Company, 2008/09- 2009/10 35
18: Analysis of Mains Renewal and Relining Activity, by Water Companies, 2008/09 36
19: Analysis of Water Capital Expenditure by Water Only Companies, by Type, 2008/09 37
20: Analysis of Water Capital Expenditure, by Water and Sewerage Companies, by
Purpose, 2008/09 38
21: Civil Engineering Construction Output by the Potable Water Industry in Great Britain,
2005-2009 39
22: Public and Private Civil Engineering Construction Output by the Potable Water
Industry, 2005-2009 40
23: Analysis of Sewerage Related Capital Expenditure in England and Wales, by
Company, 2004/05-2008/09 41
24: Analysis of Sewerage Capital Expenditure in England and Wales, by Water Service Company, by Type, 2008/09 42
25: Analysis of Sewerage Capital Expenditure in England and Wales, by Company and Purpose, 2008/09 43
26: Analysis of Scottish Water Capital Expenditure on Water and Sewerage Services,
2004/05-2008/09 44
27: Sewerage Related Capital Expenditure in Northern Ireland, by Type, 2002/03-2006/07 45
28: Civil Engineering Construction Output by the Sewerage Industry in Great Britain,
2005-2009 46
29: Public and Private Civil Engineering Construction Output by the Sewerage Industry,
2005-2009 47
30: Civil Engineering Construction Output by the Electricity Industry in Great Britain,
2005-2009 51
31: Public and Private Civil Engineering Construction Output by the Electricity Industry,
2005-2009 51
32: UK Capital and Civil Engineering Expenditure by the Electricity Distribution Network Operators, 2004/05-2008/09 52
33: UK Capital and Civil Engineering Expenditure by the Electricity Generating Industry, 2004/05-2008/09 52
34: Civil Engineering Construction Output by the Gas Industry in Great Britain, 2005-2009 56
35: Public and Private Civil Engineering Construction Output by the Gas Industry,
2005-2009 56
36: UK Capital and Civil Engineering Expenditure by the Gas Supply Industry,
2004/05-2008/09 57
37: Decommissioning Programmes for National Grid Gas (formerly Transco) and
Distribution Networks, 2008/09 58
38: 10 Largest Airports in the UK, 2005-2009 59
39: Civil Engineering Construction Output by the Air Transport Industry in Great Britain,
2005-2009 60
40: Public and Private Civil Engineering Construction Output by the Air Transport
Industry, 2005-2009 61
41: Analysis of UK Investment in Airports, 2002-2006 62
42: Civil Engineering Construction Output by the Communications Industry in Great
Britain, 2005-2009 63
43: Public and Private Civil Engineering Construction Output by the Communication
Industry, 2005-2009 63
44: Civil Engineering Construction Output by the Rail Transport Sector in Great Britain,
2005-2009 66
45: Public and Private Civil Engineering Construction Output by the Rail Industry,
2005-2009 67
46: Civil Engineering Construction Output by the Harbours and Waterways Sectors in
Great Britain, 2005-2009 68
47: Public and Private Civil Engineering Construction Output by the Harbours Industry,
2005-2009 68
48: Analysis of Public Road Infrastructure in Great Britain, by Type of Road, 2008 70
49: New Construction and Improvements of Roads, Motorways and All Purpose Trunk
Roads, 2003/04-2007/08 70
50: Civil Engineering New Road Construction Output in Great Britain, 2005-2009 71
51: Public and Private Civil Engineering Construction Output In the Roads Sector,
2005-2009 71
52: Civil Engineering Output on Road Maintenance in Great Britain, 2005-2009 72
53: Government Expenditure on Road Maintenance in England and Wales, by Road
Class 2003/04-2007/08 73
54: Seasonality of Civil Engineering, 2005-2009 73
55: Seasonality of Civil Engineering Output in the Water Sector, 2005-2009 74
56: Seasonality of Civil Engineering Output in the Sewerage Sector, 2005-2009 74
57: Seasonality of Civil Engineering Output in the Electricity Sector, 2005-2009 75
58: Seasonality of Civil Engineering Output in the Gas, Communications and Air Sector,
2005-2009 75
59: Seasonality of Civil Engineering Output in the Railways Sector, 2005-2009 76
60: Seasonality of Civil Engineering Output in the Harbours Sector, 2005-2009 76
61: Seasonality of Civil Engineering Output in the Roads Sector, 2005-2009 77
62: Analysis of Civil Engineering Output By Area, 2005-2009 77
63: Financial Analysis of AMEC, 2005-2009 83
64: Key Financial Ratios for AMEC, 2005-2009 83
65: Financial Analysis of Amey UK, 2004-2008 85
66: Turnover Analysis of Amey UK, by Division, 2008 86
67: Key Financial Ratios for Amey UK, 2004-2008 86
68: Financial Analysis of Balfour Beatty, 2005-2009 90
69: Financial Analysis of Balfour Beatty by Segment, 2009 90
70: Key Financial Ratios for Balfour Beatty, 2005-2009 91
71: Financial Analysis of Bovis Lend Lease, 2005-2009 92
72: Key Financial Ratios for Bovis Lend Lease, 2005-2009 93
73: Financial Analysis of Costain Group, 2005-2009 94
74: Key Financial Ratios for Costain Group, 2005-2009 95
75: Financial Analysis of Jarvis, 2005-2009 96
76: Key Financial Ratios for Jarvis, 2005-2009 97
77: Financial Analysis of John Laing, 2005-2009 99
78: Key Financial Ratios for John Laing, 2005-2009 99
79: Financial Analysis of Carillion, 2005-2009 102
80: Key Financial Ratios for Carillion, 2005-2009 102
81: Financial Analysis of J Murphy & Sons, 2005-2009 104
82: Key Financial Ratios for J Murphy & Sons, 2005-2009 104
83: Financial Analysis of Bam Nuttall, 2005-2009 105
84: Key Financial Ratios for Bam Nuttall, 2005-2009 106
85: Financial Analysis of Interserve, 2005-2009 108
86: Key Financial Ratios for Interserve, 2005-2009 109
87: Financial Analysis of Skanska UK, 2005-2009 111
88: Key Financial Ratios for Skanska UK, 2005-2009 111
89: Financial Analysis of McNicholas Construction (Holdings), 2005-2009 113
90: Key Financial Ratios for McNicholas Construction (Holdings), 2005-2009 113
91: Financial Analysis of Galliford Try Infrastructure, 2005-2009 115
92: Key Financial Ratios for Galliford Try Infrastructure, 2005-2009 116
93: Forecast Civil Engineering Construction Output in Great Britain, 2010-2014 121
94: Deadline for Implementation of Aspects of the Water Framework Directive 122
95: Total Proposed Capital Expenditure by Water and Sewerage Companies in
England & Wales, 2010- 2015 124
96: Forecast UK Capital Expenditure on the Water and Sewerage Industry,
2009/10-2013/14 124
97: Forecast Civil Engineering Output for the Water Sector, 2010-2014 126
98: Forecast Civil Engineering Output for the Sewerage Sector, 2010-2014 128
99: Renewable Energy Projects in Pipeline, by Technology, as of November 2008 130
100: Forecast Civil Engineering Output for the Electricity Sector, 2010-2014 131
101: Existing Import Terminals, Completed 133
102: Import Terminals under Construction and Proposed Projects 133
103: Forecast Gas Supply, by Source, 2009/2010-2018/2019 135
104: Forecast Annual Supplies Level, by Terminal, 2009/2010-2018/2019 136
105: Ofgem’s Allowed Revenue from Gas Distribution, by GDNs, 2007/08-2012/13 137
106: Ofgem’s Allowed Revenue from Gas Distribution, by GDNs, 2007/08-2012/13 137
107: Forecast Gas Distribution Total Capital Expenditure, 2009/10-2013/14 138
108: Forecast Gas Distribution Total Capital Expenditure, by GDNs, 2008/09-2012/13 138
109: Forecast Civil Engineering Construction Output for the Gas Sector, 2010-2014 139
110: Forecast Of Air Traffic Demand, at UK Airports 2010-2030 140
111: Forecast Civil Engineering Output for the Airport Transport Sector, 2010-2014 140
112: Forecast Civil Engineering Output for the Communications Sector, 2010-2014 142
113: Total Renewals and Maintenance Expenditure in CP4, Network Rail Strategic
Business Update and ORR Assessment 143
114: ORR Annual Assumptions for CP4 Maintenance, Renewals and Enhancements Expenditure, 2009/10-2013/14 144
115: Selection of Network Rail Enhancement Projects in CP4s, 2008/09-2013/14 144
116: Forecast Civil Engineering Construction Output for the Rail Sector, 2010-2014 147
117: Forecast Civil Engineering Construction Output for the Harbours Sector, 2010-2014 148
118: Highways Agency Indicative Budget, 2010-11 149
119: Local Transport Capital Funding by Central Government, Outturn and Forecast
2006/07-2010/11 149
120: Local Transport Funding by Central Government, Outturn and Forecast, by Type,
2006/07-2010/11 151
121: Forecast Civil Engineering Construction Output for the Roads Sector, 2010-2014 151
122: Forecast Civil Engineering Output for the Roads Maintenance Sector, 2010-2014 152 |
