Technical recruiter Morson has seen revenues rise in its interim results for the six months ended 30 June 2011.

The group’s results reveal:

·              revenue up 11.0% to £246.3m (H1 2010: £221.8m)

·              net fee income (gross profit) up 11.4% to £18.6m (H1 2010: £16.7m)

·              operating profit down 30.1% to £3.8m (H1 2010: £5.4m)

·              profit before taxation down 40.8% to £3.1m (H1 2010: £5.3m)

·              adjusted profit before tax* down 7.3% to £3.9m (H1 2010: £4.2m)

Non-executive chairman Gerry Mason says: “As is well documented underlying market conditions during the year to date have remained poor, influenced by a lack of global capital expenditure and worldwide attempts to kick start investment activity. Despite this, Morson produced a solid performance in line with our expectations.”