In April Bechtel released its 2012 report looking back on its 2011 results. The company boasted revenue of USD 32.9bn. This was an increase of 18 per cent on the previous year’s total of USD 27.9bn, although that was following a two-year-long revenue shrink from a 2008 high of USD 31.4bn.
Order book growth was large, climbing from USD 21.3bn in 2010 to USD 53bn in 2011. Again, the recessive trend from 2008 was evident, however the order book 2008 high was only USD 35bn.
A Bechtel spokesman pointed to growth in its civil infrastructure division, and made special mention of Crossrail in the UK, Dulles Corridor in the US and the Rio de Janeiro metro in Brazil. “We are supporting the delivery of transport for London’s new east-west rail link called Crossrail, Europe’s largest current infrastructure project.
“We also continue to provide project management services for upgrades at the adjacent Crossrail & Reading project for longtime customer Network Rail. At year’s end, we replaced Reading Station’s Cow Lane Bridge in just four days, a great achievement.
“Under another new contract, our Rail team is assisting Metro Rio with delivery of rolling stock for Rio de Janeiro’s subway system, marking Bechtel’s return to Brazil. And our Dulles Corridor Metrorail project team made substantial progress last year near Washington, D.C., extending the metro in Northern Virginia for the Metropolitan Washington Airports Authority.”
