The Future even looks good26 Aug 2011 12:16
KEY HIGHLIGHTS
-- Two acquisitions successfully completed
-- Group turnover increased from GBP15.3 million to GBP26.6 million
-- Return to normalised operating profit*
-- Activity levels recovering in second quarter after slow start
* Normalised operating profit is stated before restructuring costs, amortisation of intangible assets, Share Based Payments and acquisition related costs. Statutory loss for the period was GBP1.38m.
Commenting on the results, Simon Beart, Chief Executive said:
"We have now assembled a nationwide capacity to deliver Building Services and Environmental Compliance to our growing customer base. We expect further new business gains in due course as the Group continues to gain recognition and profile in its markets."