Interserve
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| Interserve plc | |
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| Type | Public (LSE: IRV) |
| Founded | 1884 |
| Headquarters | Reading, Berkshire, UK |
| Key people | Lord Blackwell, Chairman Adrian Ringrose, CEO Trevor Freary, Commercial Director |
| Industry | Construction, Civil engineering |
| Revenue | £1,408.5 million (2006) |
| Operating income | £58.1 million (2006) |
| Net income | £1.1 million (2006) |
| Employees | 11,587 (2005) |
| Website | www.interserve.com |
Interserve plc is a UK based engineering and support services company headquartered in Reading, Berkshire. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Interserve traces its origins to 1884, when the London and Tilbury Lighterage Company Limited was formed to transfer goods by barge to and from ships. However at an early stage dredging became its main business, and in the 1940s it moved into civil engineering. In 1991 Tilbury acquired RM Douglas, another construction and civil engineering business, and became Tilbury Douglas. Through the 1990's it moved its focus away from property development and housebuilding and into the support services sector. In 2000 it was transferred from the construction sector to the support services sector in the FTSE listing. To reflect this change it renamed itself Interserve in 2001.
Interserve is involved in all stages of the life cycle of buildings and industrial facilities. It undertakes construction, hires out equipment, undertakes maintenance contracts and provides support operations. The range of assets it covers includes hospitals, schools, offices, industrial plant, bridges, waterworks and roads.
Interserve operates internationally but the great majority of its turnover is derived from the UK. Turnover for the year to 31 December 2006 was £1,408.5 million. Profits before tax were £15.1 million.
Interserve has now widened its portfolio with the integration of First Security and Attlaw Security. The two companies joined forces to create Interserve Security.
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