|
|
23 Feb 2011
RSM TENON has reported interim results revealing turnover up 65% for the six months to December last year. Revenues for the period stand at £121m against £73.5m in 2009.
The figures are driven by the takeover of Bentley Jennison at the end of 2009 but underlying organic growth is reported at 3.5%.
Further reading
Chief executive Andy Raynor said: "We have grown both the turnover and profitability of the Group and our single minded commitment continues to deliver the expected benefits of recent acquisitions.
"In an economy and marketplace that is increasingly uncertain in outlook, vital to the future are our recurring client base, complementary service lines, better use of resources, and strength from scale."
The company said that organic growth in audit, tax and advisory stands at 7%, and report an operating margin of 11.2%. Underlying operating profit is reported as up 53% to £13.5m.
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment