HMA Land Services

Founded in 2001, HMA is headquartered in Calgary and operates throughout Canada with about 90 staff. The company provides consultancy and project management services to a range of clients engaged in the energy, pipeline and utilities sectors. Major linear infrastructure projects including oil and gas pipelines, power transmission lines and telecomm... unication lines are its primary focus. HMA projects include regional pipelines, as well as those associated with the export of Canada's conventional and unconventional oil and gas reserves. The acquisition of HMA provides RPS with an entry into this well established and growing marketplace and forms a platform for adding environmental and other services to existing and prospective HMA clients, as RPS further develops its business in North America. Three of the four vendors of the business, together with all employees, are remaining with RPS. In the year ended 30 June 2013 HMA had revenues of C$14.8 million (£9.3 million) and profit before tax of C$3.3 million (£2.1 million), after adjustment for non-recurring items. Net assets at 30 June 2013 were C$4.9 million (£3.1 million). Gross assets at 30 June 2013 were C$17.7 million (£11.1 million). Net debt at 30 June 2013 was C$7.8 million (£4.9 million).Read More