Interim results for the six months to 30 June, released this morning, reveal group revenue increased 1% year-on-year from £117.1m to £117.8m. Revenue from the group’s ‘Mounties’, contractors and staff that provide IT services on the group’s behalf, was up 14% – to £114.6m from £100.8m in H1 2017. 

FDM CEO Rod Flavell praised the results and said the company was on track to meet its end of year target .

“The first half of 2018 has seen a solid performance, with constant currency growth in Mountie revenue and in profit before tax of 17% and 14% respectively, culminating in Mountie headcount exceeding 3,500 today. The Board anticipates that the group's results for the year will be in line with its expectations and that we will continue to deliver for all of our stakeholders."

Flavell also pointed to a period in which the group has concentrated investment in increasing its geographic footprint.

“During the period we have nearly doubled the size of our Toronto centre and trained and deployed Mounties via pop-up Academies in Birmingham and Cardiff in the UK, Austin and St Louis in the US, Montreal and Toronto in Canada, Sydney in Australia, Madrid in Spain, Cape Town in South Africa, and Shanghai in China. We continue to increase the disciplines in which we train, the talent pools from which we recruit and the market sectors into which we deploy.”