
Stockport headquartered environmental consultancy, APEM, has announced record results, global expansion and ambitious future plans in its latest year end figures.
Year end results up to 31st December 2019 report the environmental consultancy has seen improved profitability and a 13% increase in revenues to £11.3 million. APEM is now confident for its 2020 performance despite the challenges of the Covid-19 pandemic.
Following a management buyout in March 2019, the company is now led by CEO Dr Adrian Williams, and Dr Stuart Clough, Director and President of APEM’s American subsidiary. The company has been awarded a number of contracts with UK water companies, as well as for projects with Taylor Wimpey, Strategic Pipeline Alliance, Trant and Enterprize Energy.
Commenting on the company’s success, Dr Adrian Williams (pictured) said:
It has been an absolute whirlwind of a year. Our financial results were very pleasing and a testimony to the hard work and dedication of the entire team. Even more encouraging is the fact that we are already ahead of target for this year, too, despite Covid-19.
“Lockdown has presented challenges but we’ve proven to be resilient. Much of the work we undertake is classified as essential so we have been fortunate that our revenues, order book and tender activity have remained buoyant across most divisions.
“We have expanded our range of services to include biodiversity net gain (BNG), natural capital and invasive non-native species (INNS). We have also bolstered our engineering and design capability and, perhaps most significantly, established terrestrial ecology as a mainstay of our offering and expertise.
“At the same time, investment in new remote sensing equipment has underpinned both domestic and overseas growth in aerial surveys, allowing us to expand our global presence.
“WestBridge has brought increased rigour to our strategic management and fire power to our growth plans. In 2020 and beyond, we will continue to grow through a combination of organic investment and complementary acquisitions.”