Waterman Group has posted a 43% rise in pre-tax profit to 拢3.3m for the six months to 31 December 2007.

Turnover jumped from 拢47.7m to 拢63.6m over the same period.

Nick Taylor, the consulting engineer鈥檚 chief executive, said the results had been driven by Waterman鈥檚 UK and international acquisitions and efficiency savings in the existing business.

He said: 鈥淎ll the sectors in which we operate are performing well.鈥 He added that this would insulate it from the downturn.

More than 25% of Waterman鈥檚 turnover is from overseas and Taylor said its recent offices in Kazakhstan, Abu Dhabi, Brisbane and Tianjin in China had generated significant business.

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