HYC Hyder Cons

 

TIDMHYC 
 
RNS Number : 1653P 
Hyder Consulting PLC 
12 July 2010 
 

 
HYC.L 
 
                              Hyder Consulting PLC 
 
                          Interim Management Statement 
 
 
Hyder Consulting PLC, the multi-national advisory and design consultancy, today 
issues its Interim Management Statement which covers the period from 1 April 
2010 to 12 July 2010. 
We have made a positive start to the year and are pleased to announce trading is 
slightly ahead of the Board's expectations. This is principally as a result of 
outperformance by our Asia Pacific operations which benefited from strong sales 
performance, contract bonuses on project completions and foreign exchange gains. 
 
The order book has increased slightly since the year end and our bid pipeline is 
strong. We have implemented cost reductions where necessary, and have improved 
both our operational efficiency and key account management.  Our cash 
performance has been better than in the comparative period and we have net cash 
and unutilised facilities. We are well positioned as government budgets reduce 
and client expenditure shifts from public to private. 
With over 80% of operating profits derived from overseas, and our broad 
international and market sector base, we are confident of further progress in 
the current financial year. 
 
+-----------------------------+--------------------------+ 
| For further details:        |                          | 
|                             |                          | 
+-----------------------------+--------------------------+ 
|                             |                          | 
| Ivor Catto, Chief           |                          | 
| Executive, Hyder Consulting |       Tel: 020 3014 9000 | 
| PLC                         |                          | 
+-----------------------------+--------------------------+ 
| Russell Down, Finance       |                          | 
| Director, Hyder Consulting  |       Tel: 020 3014 9000 | 
| PLC                         |                          | 
+-----------------------------+--------------------------+ 
| Shane Dolan, Biddicks       |                          | 
|                             |       Tel: 020 7448 1000 | 
+-----------------------------+--------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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