Updates

White Young Green - Order book up 23%

December 2007

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Engineering consultancy White Young Green has issued resultsslightly ahead of expectations. For the year to 30 June, turnover rose32% to Â£221m, including organic growth of 14%, while pretax profit rose37% to Â£16m. Eps increased 23% to 23.4p. Of particular encouragementwas the 23% growth in the order book to Â£380m. Meanwhile, year-end netdebt stood at Â£44.6m, well within bank facilities of Â£112m. The main growth driver was management services (42% EBITDA),comprising cost management, project & property management, health& safety and socio-economic advisory work, which turned in a 42%rise in revenues to Â£76m, while profits rose 77% to Â£8.3m. Most of thiscame through recent acquisitions, with organic profit growth runni ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Synergy Healthcare - Interims due 20 November

Rok

White Young Green - Order book approaches Â£400m (April 2008)

White Young Green - Acquisition pipeline strong (January 2008)

White Young Green - substantial acquisition (October 2007)

White Young Green - Engineering consultancy firm aiming to double in size (May 2007)

White Young Green - New highs for consulting engineer (November 2005)

White Young Green - Makes two more acquisitions (April 2005)

White Young Green - Gain tops 46% in seven months (February 2005)

White Young Green - 74% of forecast sales in the bag (November 2004)

White Young Green - Min WSP eyeing further deals (July 2004)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X