星空传媒

White Young Green has announced an 18% increase in pre-tax profit to 拢11.1m. The multidisciplinary consultant鈥檚 turnover was up 16% to 拢167.5m for the year ended 30 June 2006, according to its preliminary results. Last year WYG made 拢9.6m pre-tax profit on a 拢143.9m turnover.

Chief executive John Purvis said cost consultancy services accounted for between 12% and 15% of turnover. He plans to grow this to 20%. The firm broke into the UK QS market in March with the acquisition of Tweeds for 拢11m.

Purvis said further acquisitions of small QSs in the UK were possible in the geographical areas where Tweeds鈥� coverage was weak: the Southwest, Northeast and Scotland. But he added that he was also considering a strategy of organic expansion into these regions.

WYG bought a QS company in Ireland, Nolan Ryan, in June for 拢9.7m.

Purvis put the strong results down to growth of business in the private sector of 26%. It saw a particular jump in leisure and retail work, which was up 46%. The firm鈥檚 pubic sector work increased by 9% during the financial year.

WYG鈥檚 turnover splits into 48% private sector work and 52% public sector.

The firm recently picked up two MOD deals worth a combined 拢9bn. It will oversee the 拢8bn Allenby/Connaught scheme over 35 years and it has also been appointed as a certifier for the 拢1.15bn contract to redevelop the MOD鈥檚 Northwood HQ.

WYG now employs 2,450 people.

Purvis said: 鈥淭weeds is a tremendous asset to Whit Young Green. I would like to see cost consulting account for 20% of our turnover at some stage... The acquisitions we have made in the second half of the year should mean our growth next year will be significantly ahead next year.鈥�