UGL Limited

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UGL Limited
Public
Traded as ASXUGL
Headquarters North Sydney, New South Wales, Australia
Key people
Richard Leupen, Managing Director & CEO
Revenue Increase A$4.5 billion (2014)
Increase A$111 million (2014)
Total assets Increase A$2.5 billion (2009)[1]
Total equity Increase A$1.1 billion (2009)[1]
Number of employees
7,700
Slogan Maintaining today, creating tomorrow
Website www.ugllimited.com

UGL Limited (UGL), formerly known as United Group Limited[2]) is an engineering and property services company. The company provides construction, maintenance and asset management services to the rail, resources and infrastructure sectors and corporate real estate, facilities management and business process outsourcing services to property users. Its clients are large companies, governments and institutions in Australia, New Zealand, Asia, North America and the Middle East. UGL has partnerships with international technology providers including GE, Mitsubishi and Alstom. UGL employs about 7,700 people globally, including subcontractors.

In the financial year ended 30 June 2014, the company had a revenue of A$4.5 billion and underlying net profit of A$111 million.[3]

History

UGL was founded as an engineering construction firm in Perth, Western Australia in the late 1960s, and named United Construction Group Limited. United Construction listed on the Australian Stock Exchange in 1994, changed its name to United Group Limited in 1997, and again in 2009 to UGL Limited. It is a member of the S&P/ASX100 Index.[4]

UGL has acquired a number of businesses including Kilpatrick Green in 1998, Australian rail company Goninan in 1999, corporate real estate business KFPW in 2002, Thames Water Projects Asia in 2004, Singaporean real estate services company Premas International (UGL Premas) and Alstom's Australian and New Zealand transport and rail businesses in 2005, Chicago-based Equis Corporation (UGL Equis) and Canberra-based Peak Security in 2006 and Boston-based Unicco Services Company (UGL Unicco) in 2007.

In 2014, UGL agreed to sell its DTZ unit, acquired in 2011, which provided a large proportion of its revenue and profit, effecively downsizing the residual company.

1994 - Listed on the ASX as United Construction
1997 - Changed company name to United Group Limited
1998 - Acquisition of Kilpatrick Green
1999 - Acquisition of Goninan
2002 - Acquisition of KFPW
2004 - Acquisition of Thames Water Projects Asia
2005 - Acquisition of Alstom ANZ and Premas
2006 - Acquisition of Equis, Fischer Industries, Goulburn Railway, Peak Security and Steelplan
2007 - Acquisition of Proactive Communication Solutions (PCS) and Unicco
2009 - Changed company name to UGL Limited
2011 - Acquisition of DTZ Holdings[5]

Business Units

UGL operates in four business units:

  • UGL Infrastructure provides design and engineering, manufacturing and maintenance services to customers in the water, energy, transport systems and communications, power, and defence sectors.[6]
  • UGL Rail offers integrated solutions[clarification needed] to customers in the passenger and freight rail sectors including design, engineering, manufacture, maintenance, electrical equipment refurbishment and asset management of locomotives, passenger cars, trams and freight wagons.[7]
  • UGL Resources provides asset management, construction and project management, engineering, industrial maintenance and manufacturing services to the oil and gas, metals and minerals, chemicals and industrial processing sectors.
  • UGL Services provides corporate real estate services, facilities management and business process outsourcing services such as procurement, human resources and accounting to property users. UGL Services operates under the UGL Equis and UGL Unicco brands in North America and under the UGL Premas brand in South-East Asia. ABM is UGL Services' primary competitor for facility management services in the United States. UGL services now comes under the DTZ brand as part of restructuring towards the end of 2012.[8]
Business Unit Sector Services
UGL Infrastructure Water, Power, Communications, Transport, Defence Design, Construction, Maintenance
UGL Rail Passenger Cars, Locomotives / Wagons, Infrastructure Design, Manufacture, Maintenance, Refurbishment
UGL Resources Mining, Oil & Gas, Industries, Chemicals Project Management, Construction, Fabrication, Maintenance, Shop Detailing, Design
UGL Services Government and Private Sectors Corporate Real Estate, Facilities Management, Human Resources, Procurement

Safety

The USafe concept was developed internally in 2001 to unify the safety cultures of the various UGL business units. The USafe program emerged in the organisation in mid-2002 in conjunction with the re-branding of UGL at the time. The USafe concept was subsequently integrated in the UGL Safety Leadership program for line management.

Orders

References

  1. 1.0 1.1 2009 UGL Shareholder Review
  2. UGL ASX Media Release 3 November 2009
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  4. S&P/ASX100 Index
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  9. http://www.railpage.com.au/f-t11348387.htm

External links