Annual review 2009 - 2010
The year ended 30 April 2010 has met with our expectations in what has been a particularly difficult period.
Business highlights:
- Reduced revenue in line with expectations reflecting challenging conditions in UK, Europe and Middle East markets
- Net revenue growth of 13.2% across Americas, Africa, Asia and Australia
- Overseas business now accounts for 42% of revenue (2009: 40%)
- Pre-tax profit up 16% at £17.75 million
- Strong order book of £320 million
- Improved margins due to focus on emerging markets
- Best ever pipeline for major programme projects
- Four new offices, in Calgary, Canada; Ho Chi Minh City, Vietnam; New York, USA and Seoul, Korea
- Americas operations enhanced with merger with Toronto based consultancy, cm2r Inc