A world leading energy and climate change consultancy
Financial
- Orders up 84% to £63.1 million (2008: £34.3 million)
- Revenue up 43% to £51.0 million (2008: £35.6 million)
- Adjusted operating profit up 8% to £4.2 million (2008: £3.9 million) 1
- Operating profit down 24% to £3.2 million (2008: £4.2 million)
- Adjusted profit before taxation up 9% to £3.7 million (2008: £3.4 million) 1
- Profit before taxation down 93% to £0.2 million (2008: £2.9 million)
- Secure revenue for the current year of £99.2 million (2008: £62.1 million) 2
- Net debt £32.0 million (31 March 2009: £27.3 million, 30 September 2008: £25.6 million)
- New three year banking facility agreed
| 1 | A reconciliation of adjusted operating profit and adjusted profit before taxation is given below the Consolidated income statement. |
| 2 | Secure revenue is the element of orders to date that the Group expects to be delivered in the current financial year. |
Strategic
- Strong entry into the US market
- Major contract wins in the US
- Orders opportunity pipeline continues to grow >$3bn
- European operations much improved
- Strong platform for growth has been built