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Parkman voted new company of year in FT's 2002 awards

NEWS

CONSULTANT PARKMAN has been voted new company of the year in the Financial Times PLC of the Year Awards 2002.

The award is designed to reward excellence in the smaller quoted company sector and is open to all companies listed on the FTSE SmallCap or Fledgling indices.

Parkman, founded in 1988, only floated on the London Stock Exchange last June following a management buyout in May 2000 (NCE 18 May 2000).

Since flotation, the share price has risen 25p to 150p per share, capitalising the company at around £53M. Interim results published in November also show healthy growth, with pretax profits up 67% and turnover up 27% since flotation.

Parkman was named ahead of three other shortlisted firms, selected by a panel of sponsors and city experts. The final decision was based on a reader's vote.

Meanwhile, consultants Arup and WS Atkins are the only civil engineering firms to make the latest 'Top 100 most desirable places to work' list - compiled by research company Universum from a survey of 6,000 final year students.

Arup takes 77th place with 1.71% of the vote, compared to 22.42% scored by the lead firm, the BBC. WS Atkins is 87th, down 67 places on last year.

Engineering consultancy is voted the 15th most popular industry to go into.

The survey also reveals that most students expect to start on £18,500, rising to £30,000 within three years. Students rate international travel as the most attractive thing an employer can offer.

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