Geosense one of top Geotech firmsAug 20th, 2018
Geosense once again appears in the annual Geotechnical Services File listing of top geotechnical companies.
The Geotechnical Services File (GSF) is Ground Engineering magazine’s annual survey of the UK’s geotechnical and geo-environmental industry. The GSF aims to list all of the companies operating in the UK market and also provide insight into current market conditions and forecasts for the year ahead.
Editor Claire Smith write: “Major mergers, the collapse of Carillion and project delays seem to sum up the last 12 months, which might give the impression that the market is in a downturn. However, despite the challenges, which include Brexit uncertainty, the results of the 2018 Geotechnical Services File (GSF) suggest that the ground engineering market has held its own with some businesses reporting growth”.
The combined turnover of the top 100 geotechnical businesses reported in this year’s GSF reached £1.55bn, which is up slightly on figures for last year. Rather than it being the biggest companies that have seen growth, it is lower down the rankings where the gains have been made – companies needed a turnover of more than £1.3M to make the top 100 this year, compared to £0.9M in 2017.
The full report appears in the August/September issue of Ground Engineering. https://www.geplus.co.uk