Press Release
Entec Records Another Period of Growth

Issue date: 12 August 2004

Entec’s strategy of growing its business organically has continued to be successful with results for the 15 months ended 31 March 2004 showing further improvements. Turnover for the period was £48.5m which represents an annualised growth rate of 16.2%. The operating profit for the period increased to 4.7%.

Entec enters the next phase of its development with excellent fundamentals as a result of investments made to date.

Encouragingly, the Entec customer feedback process has returned excellent results again. The overall customer satisfaction average increased from 8.3 out of 10 in the year to 31 December 2002 to 8.4 in the 15 months to 31 March 2004 and shows that our customers appreciate our efforts to keep on improving across the board.

Staff recruitment is central to Entec’s organic growth strategy and the last 15 months have continued the upward trend with the average number of employees increasing by 14% to 568.

A key factor in Entec’s growth is that over the last 5 years, turnover outside its work with sister company Northumbrian Water has increased by 142% and now represents 78% of total company turnover. This is a significant shift in emphasis for both Entec’s client base and its range of environmental and engineering services, which are now more diverse than ever before.

The UK network of offices has been increased to 12 with new offices in Bristol and Dounreay opening to better serve clients in those areas. Continuous development of Entec’s management information systems has included a new online Project Management Best Practice Guide alongside a new Integrated Project Audit system.

Simon Armes-Reardon, Entec’s Managing Director said: “Overall, this has been a very good period for Entec and the improvements reinforce our strategy of growing the business organically and profitably. We’ve made considerable investments in the overall development of our business and I’m satisfied that we have the foundations on which to maintain and build our future growth”.

Enquiries to:
Emma Waldron
E-mail: walde@entecuk.co.uk
Tel: 0191 272 6337
Fax: 0191 272 6592

Notes to Editors

• Entec’s accounting period has changed from year ending 31 December to year ending 31 March to keep in line with the new accounting period of our parent company, Northumbrian Water Group. The latest accounts therefore represent the 15 months to 31 March 2004.

• Click here for a full copy of Entec’s latest accounts.

• Click here for a copy of Entec’s customer feedback survey for 2003.

• Entec is one of the UK’s largest environmental and engineering consultancies. The technical and business skills of over 700 staff and associates are dedicated to delivering strategic, technical and engineering solutions which bring commercial benefits to our customers at home and overseas. This know-how is based on over 60 years of consulting experience in the public and private sectors.
  

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