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FDM continuing to deliver
Building on Success '07
"2007 was an excellent year for FDM and further validates our business model of driving profit-led growth. 2008 has started positively, with our business metrics firmly on track. Mindful of current market conditions; but also mindful of client requirements, FDM's Mountie model is in great demand. We are therefore optimistic of a favourable outcome for the year as a whole."
Rod Flavell - CEO
Key Facts and Figures
- Over 300 permanent members of staff worldwide
- Overall gross margins increased to 22.5% (2006: 19.3%)
- Mountie numbers increased to 208 at 31 December 2007 (154 end of 2006)
- New training Academies in London and Brighton to create additional training capacity
- Current trading conditions remain very positive
2007 Financial Highlights
- Revenues increased by 12% to £49.83m (2006: £44.50m)
- Gross profit increased by 31% to £11.23m (2006: £8.60m)
- Profit before tax of £4.25m (2006: £2.78m)
- Fully diluted earnings per share of 12.0p (2006: 9.0p)
- Final dividend of 1.9p per share, making a total dividend of 2.7p per share (2006: 1.9p)
