Our outlook

The year ahead

Growth last year of 16% in revenue and 10% headcount are two of the clearest signs that our strategy, revised at the end of 2022, is working.

Our strategy is geared to achieving growth in all sectors and regions. In addition, it recognises the opportunity for accelerated growth in 10 market segments where our technical expertise, experience and local strength align with emerging client needs and planned investments.

Those segments are: Australian defence and energy; Asia Pacific urban transport; UK advisory, defence, energy transformation and health; US and Canadian energy, and metros/underground structures; and Saudi Arabia giga-projects.

It is important to emphasise that our growth and increased profile in those 10 segments is in addition to, not at the expense of, our ongoing expansion in sectors where we are traditionally strong. See our regional reviews for more.

Our growth in 2024 will be mostly organic, achieved through digital and operational efficiency gains, strengthened account leadership, effective commercial models and rigorous project governance.

Agile...

We entered 2024 with a strong order book and pipeline of prospects – we are in good shape financially and commercially.

The way our business is organised enables us to be locally agile.

With no external shareholders, we are free from outside influence.

And our employee ownership model provides long term stability. With no external shareholders, we are free from outside influence and able to invest in Mott MacDonald’s future, for the benefit of our people and clients.

Sustained focus on developing a global delivery model that draws on best-in-Group capabilities and resources, wherever in the world they are based. This is enabled by digital connectivity.

… and adaptive

Worldwide there is considerable instability and uncertainty. We entered 2024 anticipating this to continue, with disruptive events of potentially even greater frequency and magnitude than seen in 2023.

We have developed a range of plausible scenarios and responses, to best help our clients and sustain our business.

It is, of course, impossible to predict what those events will be or how they will affect our clients’ operations and investment plans. However, we have developed a range of plausible scenarios and responses, to best help our clients and sustain our business. These have been shaped through close interaction with our clients, industry institutions and peers.

We nevertheless view 2024 positively and expect to continue our growth trajectory of recent years.

We are a successful, resilient, purpose driven business, facing good quality markets. As we continue to pursue our strategy in 2024, we will be strengthening our foundations as a sustainable and thriving business, making a positive impact for our clients and society.