December 28, 2014 5:56 AM ET

Construction and Engineering

Company Overview of Laing ORourke Corporation Limited

Company Overview

Laing O’Rourke Corporation Limited operates as an engineering and construction company worldwide. The company engages in project development, structured property, and infrastructure financing activities, which include preconstruction services, such as feasibility studies, investment appraisals, and lifecycle costs and management services, as well as offers civil, structural, materials, mechanical, electrical, chemical, and process engineering services. It also provides digital engineering; project management; and plant and logistics management services, such as mining and minerals-handling industrial plant, installation, and maintenance and checks services. In addition, the company manufactu...

Bridge Place 1 & 2

Anchor Boulevard

Crossways

Dartford,  DA2 6SN

United Kingdom

15,312 Employees

Phone:

44 13 2229 6200

Fax:

44 13 2229 6262

Key Executives for Laing ORourke Corporation Limited

Group Chief Executive Officer
Age: 50
Executive Chairman
Age: 67
Group Director of Finance and Commerce
Age: 39
Chief Executive of Europe Hub
Age: 62
Group Human Capital Director
Age: 57
Compensation as of Fiscal Year 2014.

Laing ORourke Corporation Limited Key Developments

Laing O'Rourke Announces Management Changes

Laing O'Rourke announced that two bosses at the company have left the firm and it has hired a former managing director of a luxury yacht firm as its group finance director. Paul Grammer, European commercial director, and Andrew Jackson, managing director of Canada, have both left the business. Grammer was removed as a listed director of five Laing O'Rourke subsidiary companies including its construction, infrastructure, utilities, integrated solutions and construction south businesses at the end of October 2014. The company has hired Stewart McIntyre, the former managing director of luxury yacht firm Sunseeker International, as its new finance director. Former Kier chief executive Paul Sheffield took up the role of managing director of Laing O'Rourke's European hub in October 2014. The firm also appointed former chief executive of M&E specialist NG Bailey Mark Andrews as the managing director of its Middle East business in the same month.

Laing O'Rourke Announces Earnings Results for the Full Year Ended March 31, 2014

Laing O'Rourke announced earnings results for the full year ended March 31, 2014. Managed revenue increased 0.5% to £4.41 billion compared to £4.39 billion a year ago. Reported managed revenue was adversely affected by weaker Australian dollar and at constant exchange rates managed revenue was up 5.2%. Profit after tax slightly up to £41.9 million compared to £41.1 million a year ago.

Laing O'Rourke Wins Imperial College Project

Laing O'Rourke has secured the £100 million construction contract for Voreda and Imperial College London's Imperial West Research and Translation Hub project in White City, London with a solution drawing heavily on its Design for Manufacture & Assembly capability and integrated in-house Group expertise. Voreda is partnering with Imperial College London to deliver the major research and translation centre - adding further critical infrastructure to support London as a location for world class research and commerce. The Research and Translation Hub project, valued at a total of £200 million, will form the centrepiece of the new Imperial West innovation district in White City, West London. The 48,000 sq m Hub will deliver world-class education, research and translation activities, and foster partnerships with global stakeholders from business, industry, higher education and the NHS.

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Recent Private Companies Transactions

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Date
Target
Merger/Acquisition
March 20, 2014
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