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Purvis purrs as profits soar at White Young Green

Profit at consultant White Young Green leapt a whopping 18%, from £9.4M to £11.1M in the year to 30 June, the firm revealed this week.
Turnover increased by 16%, from £143.9M in 2005 to £167.5M this year.Chief executive John Purvis said that he expected White Young Green to turn over more than £200M in the year to 30 June 2007.'City analysts are forecasting revenues of £200M plus, and we're happy with that,' he said.Growth was mainly organic, following major acquisitions in 2004 and 2005. White Young Green bought six new businesses this spring.'We're expecting them to show their value in next year's results,' Purvis said.Purvis told NCE that growth had been strong in all sectors, but that private sector workload was growing particularly fast. Private sector contracts matched the value of public sector jobs for the first time in four years this year.He said that private sector projects in the energy sector, driven by climate change legislation, were set to deliver significant future growth.'Private sector revenue in the UK and Ireland grew by 26% in the year, compared to 9% in the public sector, and now comprises 48% of White Young Green's total income from that market,' Purvis said.Engineering and management services grew in quantum terms, but reduced as a proportion of the firm's revenue, by 2% to 45%. Engineering turnover was £75.3M. Management services turnover was £53.4M.White Young Green's environment division increased its contribution to the firm's income from 20% to 23%, or £38.8M.

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