Consultant in talks over a number of potential acquisitions as turnover tops £200m
Hyder Consulting has reported a 60% rise in pre-tax profit to £13.3m for the year ended March 31 2007.
Turnover at the consultant also rose, up 19% to £203.1m from £171.3m in 2006.
In a statement, the company said that it was currently in negotiation over a number of potential acquisitions. The consultant acquired cost consultancy RPA in April for £2.8m.
Chairman Sir Alan Thomas said: “I am pleased to report another excellent year with results well ahead of last year and ahead of market expectations. We grew strongly, the operating margin increased, and our acquisitions were successfully integrated. We are confident of another successful year ahead.”