BMT secured revenues of £163.3 million ($A295.8 million), an increase of 5% year on year, with underlying operating profits of £11.3 million, BMT finance director David McSweeney said.

“BMT now earns more than two-thirds of its income from non-UK customers, illustrating the truly global nature of our operations,” he said.

“The year has seen some of our markets, particularly in the defence and mining sectors, cool and the highly complex, technically demanding nature of certain projects has required additional investment.

“Moving forward, our order book is higher than last year’s notably strong level.

“This suggests that recovery is continuing in most of our markets and gives us confidence that BMT can continue to prosper in the niche high-value markets in which we operate.”

BMT secured a number of LNG projects, including cost and feasibility studies at sites in Pipavav port in India and it was subsequently selected for engineering design work and an environmental impact assessment.

The strategy to internationalise BMT’s structural integrity monitoring business continued with further investment in Brazil, as well as increased levels of sales and contract support resources in Europe and Southeast Asia.

Recent acquisitions in Western Australia also proved effective, giving BMT a strong presence from which to promote further growth in oil and gas related activities, especially in the environmental services market.

Leveraging its expertise in managing complex projects from many industry sectors to support the provision of efficient, reliable and effective services across the government sector, BMT further demonstrated its success through a number of major framework and project wins during the year in the UK, Canada and Australia.

It included the UK government Crown Commercial Service’s ConsultancyONE Framework, which is becoming the de facto procurement route for the provision of business and management consultancy contracts.

BMT CEO Peter French said: “As we grow, so too does the need to invest in expanding our capabilities across the group – from developing the project management expertise required to deliver larger contracts to ensuring we have the staff and offices to meet growing global demand for our expertise.

“Our challenge is to maintain our commitment to innovation and research, while matching up to the requirements of running an increasingly large business.

“By continuing to invest in the future, we ensure that we are well positioned to continue our growth and to further enhance the quality of delivery to our customers.”