Conics no longer junior

Written on the 25 January 2011

APRIL 2010

BRISBANE consultancy Conics is now under the banner of FTSE-listed RPS, following a $64.4 million takeover that will boost its staff base from 600 to 900.

Managing director Peter James, says the re-branding and increased expertise fits the company’s expansion plans, along with increased access to foreign capital.

“We were basically on an expansion plan towards more involvement in environment and resources, renewables and geographically as well in the Asia Pacific – RPS let’s us achieve that outcome,” he says.

“Recently we’ve won environment and planning work on wind farms in north Queensland, work in CSG in the Bowen and Surat Basins, as well as wave energy out of Perth and tidal energy work out of our Brisbane office.

“Conics was a publicly unlisted company prior to the sale and had a large number of internal shareholders, so we’re used to the rigour of producing shareholder reports so coming under a publicly listed company isn’t really an issue for us.”

James says the change will boost Conics’ urban growth and infrastructure services to introduce new service lines to the Queensland market.

“As a result of RPS’ growth, clients now have access to more strategic and higher level environmental services for coastal development, cultural heritage services and expertise in major energy and resources projects, particularly coal seam gas development,” he says.

“RPS has three decades of experience in the commercialisation of coal seam gas and we can now offer clients management of issues when community, environment and the development of energy resources converge.”

RPS is consulting to the $43 billion Gorgon natural gas project in Western Australia and the $4.8 billion Airport Link in Brisbane


Latest News

CROMWELL TRADES STEADILY IN FIRST HALF

CROMWELL Property Group has maintained a steady operating profit at $0.045 per security in the first half of FY17,...

WHY NEXTDC'S STOCK IS SOARING

AFTER posting its interim result, NEXTDC (ASX: NXT) gained more than 12 per cent on the stock market before noon.
...

PWR PROFIT CRASHES AS DOLLAR RISES AND COSTS MOUNT

A RISING Aussie dollar has offset PWR Holdings Limited's (ASX:PWH) overseas growth in the last half, forcing a...

SUPER RETAIL GROUP RESULTS SHINE ACROSS THE BOARD

A WELL-planned and executed half has paid off for Super Retail Group (ASX:SUL) as it posts a net profit result up ...

Related News

EVERYTHING YOU NEED TO KNOW ABOUT THE NATIONAL BROADBAND NETWORK

THE National Broadband Network (NBN) is more than an internet connection, it is an opportunity to transform your b...

WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

EMPLOYEE-owned companies command a higher share price than their publicly listed peers, reaping a 17 per cent prem...

RISE OF THE MACHINES HAS WORKERS SWEATING

UP TO 3.8 million Australian workers are fearful their job may soon be terminated by a robot, a new survey has shown....

LESS TALK, MORE SMALL BUSINESS ACTION IN 2017

THE future growth and prosperity of Australian SMEs could be undermined if governments lose sight of the sector...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter