Global engineering group Kentz has reported a new record in its order books after surpassing the $4billion mark for the first half of the year.
The group’s backlog reached $4.5billion at the end of April, an increase of $1.4billion since December.
The firm’s order intake in the first four months of 2014 was $100million more than the entire fiscal year of 2013.
The increase came despite the £262million acquisition of Valerus Field Soltuions at the start of the year.
In April, Kentz was awarded a $125million contract from Fluor Kuwait Company.
Chief executive Christian Brown said: “Our increasing order backlog to record levels provides us with great confidence for the continued success of Kentz.
“We are continuing to see further investment from our clients throughout the world and are extremely pleased that the addition of Valerus to the group has been seamless to date and offers additional opportunities for growth.
“Our performance, year-to-date, has been in line with our expectations and we expect that 2014 overall will produce considerable revenue growth for the group.”
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