Articles > Newspapers > International Newspapers, Major Markets > TendersInfo news wires > August 2008

Article: United Kingdom: Middle East growth boosts Interserve profit by 20%.

Article from:
TendersInfo
Article date:
August 14, 2008
Copyright

Byline: deepak03

Order book increases to [pounds sterling]6bn as support services firm reports little overall effect from credit crunch

Support services and building hybrid Interserve has reported a 20% rise in pre-tax profit from [pounds sterling]28.2m to [pounds sterling]33.7m in the six months to 30 June 2008.

Turnover grew 6% from [pounds sterling]861m to [pounds sterling]914m over the same period, with the group singling out the Middle East market as the strongest performer.

The region now accounts for 30% of group profits.

Chief executive Adrian Ringrose said: With our strong position in the Middle East and the continued ...

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