Support services group increases interim profit to 拢13.6m following purchase of consultant Hornagold & Hills

Support services group Mouchel Parkman has reported a 17% profit rise for the first half of the financial year.

Richard Cuthbert
Cuthbert: Confident of future growth

The company reported pre-tax profit of 拢13.6m for the six months to 31 January 2007, compared with 拢11.6m in the corresponding period last year. Turnover rose to 拢206.4m from 拢175.1m

The company, which acquired consultant Hornagold & Hills last November, is currently working on schemes including a six-year highways maintenance contract for Transport for London.

Richard Cuthbert, chief executive, said: 鈥淥ur continuing strong financial position puts us in a good position to further develop the group, as we pursue large bundled service contacts. As a result, we continue to be confident about the group鈥檚 future prospects.鈥�

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