Consultant’s parent group sees turnover and profit both up by 19%
Consultant Capita Symonds has announced healthy results for 2007, with turnover up 8.5% from last year to £244.6m.
The firm’s parent company Capita Group made a pre-tax profit of £238.4m, up 19% on the previous year. Group turnover for the year ended 31 December was £2.07bn, up 19% on 2006.
Jonathan Goring, managing director of Capita Symonds, said: “The last 12 months have seen us restructuring and focusing on key parts of our business. For example, we brought together our architecture practices under a single brand, Capita Architecture.”
Capita is preparing to enter a joint venture to bid for work on the £16bn Crossrail project. As part of its push into the sector, the company is expanding its rail division by 10-20% this year.
Capita Symonds’ rail team has won a four-year position on a UK-wide professional services framework for Network Rail in 15 categories. The team has also been selected by Network Rail as one of three professional practices that will provide commercial management services on the £5.5bn Thameslink programme.