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WSP

November 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.

  • Epic Code:
  • WSH
  • Price:
  • 764p
WSP has announced the small acquisition of Chas. H. Sells Inc (SELLS), a US transport and infrastructure engineer, for an initial £5.5m. SELLS is currently working on several major transportation projects in New York City and is also a leader in specialist bridge design and inspection services. In the year ended 30 June 2007 it generated turnover of £15.5m and a pretax profit of £1.5m. WSP has also acquired CBP Consulting Engineers (CBP), a leading German engineering and project management group, for an initial £8.6m. CBP focuses on the airports, healthcare, cultural inspections and commercial buildings sectors and in the year ended 31 December 2006, it showed revenue of £15.2m and a pretax profit of ...

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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.

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