
MCG is listed under the support services sector of the FTSE.
MCG's ticker symbol is MMC.
MCG is currently listed on the FTSE All Share and the FTSE SmallCap. It is also listed on the FTSE4Good Index.
MCG was first listed on the London Stock Exchange (LSE) in late 1987 as Alexander Proudfoot PLC.
MCG's core line of business is management consultancy. Please see Corporate Profile for details of the operating companies.
Ineum Consulting provides services to both the commercial and public sectors through its deep knowledge of issues relevant to specific industries. Its industry experts have market, strategic, functional and technology expertise. They serve the financial, manufacturing, utilities, telecoms and media, public and transportation sectors. In addition there is a specialist middle market group to meet the needs of dynamic and growing businesses
Kurt Salmon Associates is focused exclusively on the retail, consumer products and health care industries. It works closely with its clients to create accelerated value through its tailored solutions for business growth, margin management, inventory efficiency, productivity improvement, and technology effectiveness.
Parson Consulting specialises in developing excellence in finance and operations. It is free of auditing conflicts and provides Sarbanes-Oxley compliant services. It has provides valuable financial information and insight to stakeholders through strategic finance, performance management, accounting and finance operations, governance and risk management, and corporate transaction support. Parson Consulting's appeal is to Chief Financial Officers intent on achieving the highest standards of financial management.
Proudfoot Consulting helps clients to achieve significantly increased profitability through the implementation of operational improvements leading to increased sales, lower operating and overhead costs, greater output and lower capital expenditure. Proudfoot Consulting's appeal is to operationally focused senior managers intent on executing strategy and achieving stretching goals.
Salzer Consulting is the HR partner of choice for leading companies who are expanding rapidly in Asia-Pacific providing HR project management and human effectiveness improvement through proven products and tailor-made solutions. It combines deep commercial knowledge with sound cultural understanding of the different countries throughout the Asia-Pacific region.
Viaduct Consulting is a corporate consultancy which provides insight into key commercial and operational issues to help provide improved performance. Independent of the "Big 4" accounting and auditing firms, our insight is based on prior knowledge of the industry sectors in which we work.
Full details of MCG's brokers are provided in the Investor Centre section of this website.
MCG's auditors are Deloitte & Touche LLP of 180 Strand, London WC2R 1BL, United Kingdom. MCG's registrars are Capita Registrars of Bourne House, 34 Beckenham Road, Beckenham, Kent BR3 4TU, United Kingdom.
Place of registration - England and Wales
Registered number - 1000608
Registered Office:
10 Fleet Place
London EC4M 7RB
Incorporated on 22/01/1971
The Group changed its name on 2 January 2001 as the Board were beginning the process of creating a group of consultancies with their own distinct and different offerings. Accordingly, it was inappropriate for the name of the holding company to reflect the name of just one such consultancy. Management Consulting Group PLC is suitably descriptive and does not detract from the various brands that are now used for client purposes. Currently there are five brands in the group: Ineum Consulting, Parson Consulting, Proudfoot Consulting, Salzer Consulting and Viaduct Consulting.
In January 2000 when we started looking at the sale of Proudfoot Japan it was worth more than the market capitalisation of the group as a whole. The business was very successful with a consistent record of profitability and growth. We took the view that the disposal would allow us to raise substantial funds to invest in the crucial European and North American markets and by structuring the deal as a management buy out we could retain a close operational alliance.
At the time one aspect of our strategy was to invest in our existing Proudfoot business. Both the IMR and Czipin businesses were very similar to that of Proudfoot and complementary in their European coverage. IMR were particularly strong in France, Czipin were strong in Austria, Germany and Eastern Europe.
The combined strength of IMR, Czipin and Proudfoot gave us substantial practices in operational management consultancy in Austria, France, Germany and the UK as well as operations elsewhere in Europe.
Parson Consulting (formerly Parson Group) was acquired on 28 May 2002. The acquisition was consistent with our strategy of diversifying the types of consulting that we can provide to clients.
Parson Consulting specialises in the provision of accounting and financial consultancy services to major businesses. It is focussed on securing faster, more reliable and more efficiently produced financial information for its clients, using experienced consultants. Clients include large industrial, service and financial sector companies. Its practice is in the United States and Europe. It has 14 offices in America as well as offices in London, Paris and Sydney.
In line with our strategy, we saw Ineum as an opportunity to secure a well-managed profitable business with growing revenues and a strong established brand that is complementary to MCG's existing businesses. The acquisition broadened MCG's consulting offerings to existing and potential new clients as well as introducing industry specific services. The addition of Ineum diversified MCG's geographic focus by increasing European presence and reducing dependence on the United States.
The Salzer Group offered the Group an opportunity to secure a small but profitable business with growing revenues and a strong regional brand that will allow MCG and its consultancies to have greater access to the ever more important economy of China. The acquisition broadened MCG's consulting offerings to existing and potential new clients as well as giving MCG access to new markets.
The Board recognised that there was an increasing demand for growth strategy consulting from private equity investors and acquisitive corporations. Few, if any, other consultancies offered high quality advice and opinions without being predominantly focused on their own risks. Viaduct was created to give balanced and clear opinions without being undermined by internal risk considerations.
The acquisition of CBH Consulting added another well established, profitable business to the Group and further diversified the Group's consultancy offerings and increased the Group's presence on the West Coast of the United States.
The acquisition of Kurt Salmon Associates expanded the Group's industry-led offerings with the addition of an international market leader, thereby further raising the Group's profile, particularly in the US. It deepened the Group's talent pool and further increased opportunities to cross sell the services of the Group's other consultancies to the enlarged client base.
At 31 May 2008, the Group had 330,291,753 ordinary shares of £0.25 each in issue, giving an issued share capital of £82,572,938.
You will need to contact your broker. If following doing so, you need further assistance, please contact Charles Ansley on +44 (0) 20 7710 5000 or cansley@mcgplc.com.
You will need to contact the registrars at Capita IRG Plc at Bourne House, 34 Beckenham Road, Beckenham, Kent BR3 4TU, United Kingdom.
You will need to contact the registrars.
An online and telephone share dealing service is offered through MCG's registrar, by Capita Share Dealing Services. For further information on this service, or to trade, contact: www.capitadeal.com (on-line dealing) or 0870 458 4577 (telephone dealing)
Please write to our registrars enclosing all your certificates.