MEPC Birchwood Park is proud to announce the continuation of its nuclear heritage with the news that occupier National Nuclear Laboratory (NNL) has been awarded a major contract by Dounreay Site Restoration Limited (DSRL).
NNL is to process a number of tonnes of uranium carbide fuel, currently held at the Dounreay site. The fuel will be converted into oxide form for long term storage before fuel facilities at the site are shut down.
NNL's Business Leader for Waste Management Technology, Myrian Wood, signed the contract, which, at around £750,000, represents NNL's biggest single piece of work for DSRL.
NNL has over 10,000 person-years of nuclear industry experience across the whole nuclear fuel cycle and provides the experts and technologies to ensure the UK nuclear industry operates safely and cost effectively today and for the future. The company has also provided support and services to the UK and other Governments and to the European Union.
NNL's Waste Management and Decommissioning Director, Nick Hanigan, said: "This is excellent news for NNL, as Dounreay is the second largest decommissioning market in the UK. We are pleased to have the opportunity to work with DRSL in this way and hope to have further discussions on other ways in which we can help them meet the challenges of accelerating the site's decommissioning programme."
This is fantastic news for Birchwood Park, which is based at the former home of the Atomic Energy Authority and has a strong nuclear heritage. The team is committed to providing a high quality experience for their occupiers to grow and develop their respective businesses.
Tuesday 7 January 2014
Birchwood Park occupier reports soar in profit
A-Plant, one of Birchwood Park’s occupiers, has released its half year results as profits soar 142 per cent to £17.4m.
A-Plant, which is based in Warrington, has over 2,000 staff at more than 100 branches nationwide, and has reported huge increases in profit across the board. The firm acquired Eve Trakway, a provider of temporary roadways, walkways and security fencing, in May, a move which has contributed to rental revenue of £124 million, up 35 per cent compared to 2012. Even excluding the acquisition of Eve Trakway, rental revenue has seen a growth of 16 per cent. Growth in revenue, combined with on-going efforts to improve operational efficiency and lower financing costs, has generated a 49 per cent increase on pre-tax profit, reaching £212m.
The company is the UK operation of the London-headquartered company Ashtead Group.
Geoff Drabble, chief executive of Ashtead Group, commented: “Activity on the ground and lead indicators remain very healthy and, as a result, we have increased our full year capital guidance to £700m to support our customers during an anticipated strong Spring of 2014.
“As a result, we now anticipate a full year profit towards the upper end of current expectations and the Board looks forward to the medium term with increasing confidence.”
A-Plant, which is based in Warrington, has over 2,000 staff at more than 100 branches nationwide, and has reported huge increases in profit across the board. The firm acquired Eve Trakway, a provider of temporary roadways, walkways and security fencing, in May, a move which has contributed to rental revenue of £124 million, up 35 per cent compared to 2012. Even excluding the acquisition of Eve Trakway, rental revenue has seen a growth of 16 per cent. Growth in revenue, combined with on-going efforts to improve operational efficiency and lower financing costs, has generated a 49 per cent increase on pre-tax profit, reaching £212m.
The company is the UK operation of the London-headquartered company Ashtead Group.
Geoff Drabble, chief executive of Ashtead Group, commented: “Activity on the ground and lead indicators remain very healthy and, as a result, we have increased our full year capital guidance to £700m to support our customers during an anticipated strong Spring of 2014.
“As a result, we now anticipate a full year profit towards the upper end of current expectations and the Board looks forward to the medium term with increasing confidence.”
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