‘Encouraging and sustained’ increased revenue for Highams Systems Services

Technology staffing specialist Highams Systems Services Group has seen an “encouraging and sustained” increase in revenue, according to its preliminary results for the year ended 31 March 2011.

Technology staffing specialist Highams Systems Services Group has seen an “encouraging and sustained” increase in revenue, according to its preliminary results for the year ended 31 March 2011.

The results reveal:

  • group revenue at £9m (2010: £7.5m)
  • group profit before tax £303,000 (2010: £131,000)
  • profit margins up to 18%. (2010: 16.8%)

Ken Ford, chairman of Highams, says: “Our full-year results have seen an encouraging and sustained increase in revenue, gross margin and profit, and the continued turnaround and growth of our business.

“The group’s financial performance, along with an improved balance sheet and cash position, now provides Highams with the opportunity to build on its existing strong client base and to move into new specialist areas within the financial services arena.”

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