Consultant posts 拢23m pre-tax profit for first half of 2008, with turnover up 40%

Consultant WSP has reported a 43% profit rise and a record order book in its half-year results.

The company posted pre-tax profit of 拢23m for the six months to 30 June. Turnover was 拢363.5m, up 40% on last year.

It said its June order book stood at 拢1.2bn, up from 拢900m in December, and had been boosted by public-sector transport contracts and international project awards, particularly in the Middle East.

The board said it was confident that key transport and infrastructure markets would remain 鈥渓argely unaffected鈥� by the financial turmoil and that the company would continue to perform in line with expectations.

鈥淣otwithstanding the wider economic uncertainties, the group is in a strong position, with good momentum in its many varied markets, which we believe will present us with excellent opportunities in the future,鈥� said the group.

The interim dividend rose 25% to 5p.

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