‘Solid trading’ for Morson
12 September 2012
Technical and engineering recruiter Morson has reported ‘solid trading’ across all its sectors in its interim results for the six months ended 30 June 2009.
Turnover was up 3.7% to £219.9m (H1 2008: £212.0m), along with net fee income up 2.2% to £18.1m (H1 2008: £17.7m). Adjusted operating profit was down 7.2% to £6.2m (H1 2008: £6.7m), while operating profit rose 7.3% to £5.5m (H1 2008: £5.1m).
Gerry Mason, non-executive chairman, says: “I am pleased to report a solid set of interim results for Morson. During the period we have continued to win contract awards and re-tenders and expect to announce further progress over the next 12 months.”
