Numbers up for Axon Group
Business transformation consultancy Axon Group has posted an encouraging set of interims, and expects a 'strong' set of results in the second half of the financial year.
Its adjusted profit before tax was up 23.9% to £3.3m, from £2.7m a year earlier, while turnover increased 8.4% to £26.7m.
‘We have delivered against our existing contracts, we have secured additional work within existing clients, and we began working with several new clients primarily in the consumer goods, retail and oil sectors,’ said chairman and chief executive Mark Hunter.
The group set out its strategy to operate as a business transformation firm in 2001, when it began managing major change programmes for large corporations that had chosen SAP enterprise software.
‘Therefore, in 2005, we will be focused on broadening our customer proposition in our current and new vertical markets, as well as aggressively pursuing our international growth plans,’ Hunter said.
‘I look forward to exciting developments in 2005.’