Hyder reports 8% profit rise Hyder Consulting has reported an 8% rise in adjusted pre-tax profit to £15.6m on the back of a strong performance in the Middle East and in the transport sector
Turnover in the year to 31 March 2009 was up 37% to £319m, and the firm’s order book grew 22% to £384m.
The company has downsized in Dubai and said that cash collection in the region had been affected by the property slowdown.
Hyder reduced its net debt from £11.1m to £5.7m at the year end.
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