Double-digit growth for WYG

16 October, 2006

Consulting engineers White Young Green have reported a 16% increase in revenue for the year to the end of June 2006 to reach £167,5 million. Profit before tax was up to 18% to £11.1 million and operating margin on net revenue increased to 10.3%. This was the ninth consecutive year of double-digit organic growth. The year also saw the completion of five strategic acquisitions. WYG’s chairman Peter Wood said, ‘The year has been an important period in WYG’s corporate development. A total of five strategically important acquisitions were secured in the period, with all but one of those transactions being completed in the second half of the year. These acquisitions have added approximately £21 million to gross revenue on an annualised basis and have also significantly broadened and strengthened the range of complementary life-cycle skills now available to clients from the group’s in-house resources.’ Looking ahead, he explains, ‘The strong financial performance has been underpinned by a year of unprecedented success in winning work, with net order book up 23% to £310 million, of which £124 million is already secured for 2007. This is equivalent to 94% of the 2006 net revenue total (205:

Related links:

Heat network confidence outpaces progress in social housing

Baxi surveyed 100 housing associations and 102 local authorities and councils responsible for managing or operating heat networks this summer, alongside in-depth interviews with five housing associations, a heat network consultant and heat network contractor.

Signify showcases F1 lighting partnership at Brackley campus

MBS Features Editor Russell Drury was among a group of journalists from across Europe invited to visit the Mercedes-AMG PETRONAS Formula One Team’s headquarters in Brackley, where Signify showcased its partnership with the team and the shared focus on innovation and sustainability.

Calendar

Submit event

Tweets by MBS_magazine