Annual Report 2016
was able to deliver 4% increases in
turnover and 7% increases in profits
from levels achieved in 2014/15.
The division is now less reliant on
the water industry five-year AMP
cycle, with increased revenue now
being generated outside of this
sector, making the division even
more resilient.
Clean Water Services
The Clean Water business includes
two operating units – IWS M&E
and Hydrosave, with a number of
common clients across the two
businesses.
The M&E business has secured a
major framework contract with
Northumbrian Water in the Essex
& Suffolk region, which is very
positive. Throughout the year
the business has also secured the
Wessex Water framework and
delivered the first phase of one
of the UK’s largest UV clean water
treatment processes for a regulated
water company. The business is now
targeting more technical projects
that, in turn, demand high levels of
technical input that are expected to
generate higher profit margins than
traditional work streams.
Hydrosave carrying out maintenance at Heathrow Airport.
Hydrosave had a very positive year
and, more importantly, its best
year within the ownership of SSI
Services. The highlights of the year
include the successful delivery
of the Thames Water leakage
contract that is set to continue,
and the establishment of the Test
Inspect Consult (TIC√) offering. This
offering is a trading division within
Hydrosave with a main focus to
offer more technical services that
“Hydrosave
had its best
year within the
ownership of SSI
Services.”
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