| Scott Wilson profits dive |
| Tuesday, 30 June 2009 | |
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Consultant Scott Wilson has seen its pre-tax profits fall by more than 50%.
Pre-tax profit fell to £9.4m for the 53 weeks ended 3 May 2009 from £19.7m the year before. Revenue, including share of joint ventures, rose 11% to £360m. "While we have downsized our business to match capacity, one-off redundancy costs have impacted our full-year performance. However, demand for infrastructure services around the world remains robust, especially in growth regions such as China and India where Scott Wilson has a strong reputation and presence," the group said in a statement. Scott Wilson's order book increased to £291m from £280m previously. |