Chairman and Chief Executive’s Statement

Neil Cross Chairman Dr Neil Cross
The theme of our annual review is Investing in the Future. This has always been vital to the success of BMT.
 Dr Neil Cross
Peter French CEO Peter French
Chief Executive
The theme of our annual review is Investing in the Future. This has always been vital to the success of BMT. Indeed our commitment to cutting-edge research and creating the right conditions for innovation is part of our DNA. However, as we have grown, it has also become vital 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. As demonstrated by both our financial performance and the exciting range of projects we are carrying out, this is a challenge that we are successfully meeting.

Strategic Developments
Our acquisition of Netherlands-based marine survey and consulting engineers Verweij & Hoebee (V&H) during the year has added both breadth and depth to our group-wide surveying operations, which have now been integrated so that customers access one single network across the world.
Our new London office, opened during the year, will help us to access key markets for a range of services from the provision of flood modelling expertise, management of UK government procurement programmes to ship surveys. Expansion in Malaysia ensures that we are well placed to secure and manage key contracts in this important geographical market.

Our People
As always, our success is driven by the talent and enthusiasm of our people. As well as renewing our commitment to training and development, we were able to further reward our staff through employee distributions totalling £5.9m. At board level, we were delighted to welcome two new non-executive directors, Wendy Barnes and Jan Kopernicki, who bring with them a wealth of experience in our markets.

Looking Ahead
By continuing to invest in the future of the business we ensure that we are well positioned to continue our growth and to further enhance the quality of delivery to our customers.
BMT Group Annual Review 2014 | 1