Financial Services Industry
Industry: Email Alert RSS FeedHYDER CONSULTING (HYC).
Investors Chronicle, December, 2004
The prospect of growth in China looks set to further strengthen Hyder's position in Asia Pacific. For the moment, though, the company is concentrating on continuing the turnaround in Hong Kong and benefiting from strong growth in Australia.
The Asia-Pacific division managed a GBP1.5m swing in operating profits during the first half. Chief executive Tim Wade says: "We are in a position now where our top-line growth isn't constrained by our geographic reach... and believe that we can grow our top line by three to four times over the next five to 10 years with our current geographic focus." And, capable of growing its capacity by a further 10 per cent, Hyder looks set to continue sweating its assets. Add to this the prospect of increased water work in the UK...
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