2012 Archive

Financial highlights

  • Group revenues up 9.3% to £555.1 million (2011: £507.9 million)
  • Group net fee income (gross profit) up 7.5% to £41.8 million (2011: £38.9 million)
  • Adjusted profit before tax2 up 36.7% to £9.7 million (2011: £7.1 million)
  • Profit before tax up 58.7% to £9.1 million (2011: £5.7 million)
  • Net debt at year end down 8.9% to £30.4 million (2011: £33.3 million)

Business highlights

  • Average contractor numbers engaged: 11,300
  • Continued expansion including USA and Middle East
  • Over 600 contractors engaged overseas at year-end Number of clients 10+ years: 75
  • Morson Projects delivered 600+ projects
  • Morson Projects delivers to 50% of the world’s top 20 aerospace and defence companies*

For further details please click here for the Morson Group Annual Report and Accounts 2012.

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