WTM.L Regulatory News (WTM)

19 Nov 2007 07:01

Waterman Group PLC19 November 2007 Waterman Group plc ("Waterman" or "the Group") Interim Management Statement Waterman Group plc, the leading international engineering and environmentalconsultant, today issues its first Interim Management Statement which is inrespect of current trading in the first half of its financial year ended 30 June2008, as required by the UK Listing Authority's Disclosure and TransparencyRules. The Group has started the year strongly and is trading in line withexpectations. Including the benefit of acquisitions, invoicing for the first quarter was up by31% compared to the first quarter of last year and our international business iscontinuing to grow. Value enhancing acquisitions in key markets in the UK and overseas remain animportant part of the strategy. On 1 September 2007 Waterman completed thepurchase of Furness Green Limited, a consultancy providing mechanical andelectrical design services from offices in London, Leeds and Nottingham. Theircontribution to the Group performance has been as anticipated. Since 30 June 2007 our employee numbers have increased from 1785 to 1918including 37 from the acquisition of Furness Green Limited. We are able to reiterate the statement made in our Annual Report that despitethe ongoing uncertainty about the world economy, all sectors are currentlyperforming well and your board views the present year with confidence. 19 November 2007 This information is provided by RNS The company news service from the London Stock Exchange