Consultant targets growth through part-owned subsidiary 3PM and overseas
Consultant Robinson Low Francis (RLF) has reported a dip in turnover and pre-tax profit for the financial year ended 31 May 2012.
Turnover dropped 7% to 拢9.1m, down from 拢9.8m the previous year, while pre-tax profit fell 20% to 拢770,000 from 拢968,000.
In a statement attached to its accounts the firm, led by managing parter David Thomson (pictured), said its aim in this financial year was to maintain a 鈥渟table trading position鈥�, while targeting growth through its part-owned project management subsidiary 3PM and overseas.
The firm has an international division based in Malta, which is working on 鈥渁 small number of large long term projects鈥�.
The firm said the economic situation had 鈥渘ot allowed the growth we would have hoped for, but our lower cost base has enabled us to maintain a stable trading position despite overall turnover being marginally down on the previous year.鈥�
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