Until then the company is focusing takeover efforts on China and Australia, countries Wade does not expect to be as badly affected by any economic downturn.
Wade said: "I think that within the UK there is something of a skewed perspective when it comes to the credit crunch; outside of the US and the UK, this is not as big an issue."
He conceded that Hyder Consulting has significant exposure to the UK market, accounting for around 40% of group revenues but views a downturn as a buying opportunity.
"We have a steady pipeline of acquisitions in place," he said. "China and Australia is where we are focusing that strategy. The UK is too expensive at the moment but perhaps in a year or two we will be back in the market."
Reflecting this strategy, six acquisitions contributed £1.1M to profit growth. During the year, the company acquired German firms SEIB and Voigt; Middle East architect Holford Associates; Australian consultants Crescent PSS and Quiggin Cook & Associates; and UK cost management consultant RPA.
Revenue growth of over 20% in Hyder’s Middle East and Asia Pacific businesses and continued growth in UK/Europe all contributed to a 15% revenue increase to £233.7M. Combined with an improved margin on net fees of 7.6%, this lifted adjusted operating profit by 32% to £15M.