Interserve reports a strong performance in 2012
Date
March 01, 2013
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Interserve has reported increases in:- Revenues: Up 6 % from £1,847.5 million (in 2011) to £1,958.4 million (in 2012)
- Profit before tax: Up 172.6 % from £67.1 million (in 2011) to £182.9 million (in 2012)
- Extended and secured long-term banking facilities
- Capacity of more than £250 million available to fund strategic growth opportunities
- Organic expansion into new sectors (e.g. energy from waste, justice)
- Geographical expansion (e.g. Saudi Arabia, Chile, Panama)
- Developed plans for the imminent launch of Sustain Abilities to transform our approach to social, environmental, and knowledge sustainability.
- Realised £174 million of value from our PFI portfolio of which we have
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