Highlights for the twelve months ended 31 December 2007
- Revenue up 47% on last year to £215.8 million (2006: £146.9 million)
- Profit from operations 62% up to £21.8 million (2006: £13.4 million)
- Underlying profit before tax 48% up to £23.8 million (2006: £16.1m)
- Final dividend of 0.82 pence making 1.15 pence for the year, up 15% (2006: 1.0 pence)
- Cash generated by operations 1,361% up to £33.8m (2006: £2.3m)
- KSA integration progressing well and business out-performing expectations
- Outlook
- The Group entered the year with order book higher than at the beginning of 2006 on a like-for-like basis
- Work won this year is ahead of work delivered
- Current trading is in line with the Board's expectations
- The Board is confident that the Group will show good progress in H1 2008