WYG is set to report its financial results for the year to 31 March 2104 in June. In a trading update today it said that, following a strong finish to the year, it now expected pre-tax profit to be 10% higher than market expectations. It said that revenues had improved slightly at the end of February and operating margins had seen ‘considerable improvement’.
The company said that the outlook for the consultancy sector in the UK was ‘encouraging, albeit with some variability regionally and pricing remaining competitive’.
Overseas, it said, new opportunities continue to emerge in both the international development markets and more traditional private markets.
CEO Paul Hamer said: "This has been another positive period for WYG. Against the backdrop of an improving trading environment, we have won important new business, improved the scale and profile of our order books, and further strengthened our business through acquisition and other investments for future growth.
"That we are able to confirm our resumption of dividend payments underlines the board's confidence in continued progress as we move into the next financial year with a strengthened financial position, a healthy pipeline of opportunities and a continued focus on enhancing profitability."
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