Subscribe | Log In

Web Feed

ERM UK revenue cut by a quarter, outlook improving

Profit fell by almost 20% last year, client demand “stable”

15-Jul-10  The impact of recession on ERM's UK and Irish business has been significant, as is demonstrated by financial results for the year ending 31 March 2010. Revenue fell by 25.2%, from £50.7 million to £37.7 million, while operating profit dropped by a slightly less-significant rate of 19.4%, from £3.8 million to £3.0 million. The UK and Irish business is thought to represent less than 10% of ERM global group revenue. ERM's...