Capita Symonds is well-placed to ride out the credit crunch owing to its lack of exposure to the commercial market, the group鈥檚 managing director says.

Jonathan Goring鈥檚 comments came as the consultant announced results for 2007 that showed that turnover grew by 8.5% to 拢244.6m.

In the 12 months to 31 December, operating profit increased from 拢13m to 拢20.5m.

Goring said: 鈥淲e have seen no evidence at all of the downturn, but that鈥檚 because our commercial exposure is very limited.鈥�

He added: 鈥淭he past 12 months have seen us restructuring. For example, we brought together our architecture practices under a single brand, Capita Architecture.鈥�

Topics