According to Ross Oakley, managing director of RWO, business performance in the civil and structural engineering sector will remain resilient. With green shoots appearing in the residential market, this will drive additional growth and expansion over the next 12 months, especially for North East engineers like RWO. The sector remains extremely busy with a plethora of new projects coming forward in the new year. Civil engineering work is set to see an industry predicted increase, with Ross Oakley believing this figure is realistically achievable. Social housing providers will see increased levels of work, and RWO plans on growing its footprint in burgeoning data centre design and build.
New investment in utilities, energy, and telecoms infrastructure will be at the forefront in the coming months, powering growth in demand for services like RWO’s. RWO is targeting revenues exceeding £3m in the next 12 months as it looks towards another strong performance in 2025. Plans for further investment in its workforce will help to drive growth. RWO is committed to recruiting the right people and offering an excellent employee benefits package that includes training and opportunities for career development.
Overall, the outlook for RWO and the industry remains positive as previously delayed projects get the go-ahead, new investments emerge and a stable stream of work arises. The company looks to cautious growth in 2024 and beyond, with plans to continue investing in its workforce and expanding its market presence.