ERM records £160 m turnover as more companies consider going ‘green’.
Environmental Resources Management (ERM) has announced preliminary results for the year ending 31 March 2005 showing total net revenue of £160 m, up 12% on the previous 12 months. It said that its operating margin had remained at a healthy 13.2%, and that there had been strong growth across all segments of its business, with performance in North America particularly strong.
Chief executive Robin Bidwell said: “Environmental concerns continue to move up both the political and business agendas. ERM is now well positioned to operationally and competitively. 2005 was another excellent year, with particularly strong growth in North America and emerging markets such as China. Looking ahead, we believe our global focus on the multi-national key clients and the success we are having building client relationships at a local level will play a major role in driving our growth forward during the coming year.”
ERM has seen robust growth from many of its key clients in the gas, oil and mining markets, and says it is “well-positioned as the largest pure environmental consultancy business”.