Social housing and compliance divisions spur growth for property services firm
Connaught has reported a 37% rise in profit its interim results following growth in its social housing and compliance divisions.
Pre-tax profit rose to 拢8.1m during the six months to 28 February 2007, compared with 拢5.9m in its previous first half. Turnover rose 24% to 拢165m.
The company also reported an order book of over 拢2bn.
Mark Tincknell, chairman, said: 鈥淐onnaught has carved out a unique competitive position, has a strong management team and the financial capacity in place to support its growth plans. We look forward to the future with confidence.鈥�
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