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Monday, 15 September 2008

Increased Profits At White Young & Green

White Young Green, the International Construction and Engineering consultancy has seen its pre-tax profit rise by 31% , to £21million in the year ending 30 June 2008, up from £16million last year. Turnover rose to £282.1million, a 28% increase on last year's figure of £220.6million.

The company said its work in the international and public sectors helped it to achieve a 14% level of organic growth. Peter Wood, chairman of White Young Green, said: “It gives me great pleasure to report another excellent year for White Young Green marked by strong double-digit organic growth across primary skill groups and geographies.”

The company made three acquisitions during the year: transport consultant Savell Bird & Axon, financial consultant Management Consultants Group, and Irish infrastructure consultant PH McCarthy, for an aggregate of 34.4million.The order book stands at a record 400 million pounds, while around 66 percent of the net revenue target for 2009 has been secured together with 36 percent for 2010.

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