Ricardo plc is a global, world-class, multi-industry consultancy for engineering, technology, innovation, strategy and environment. We employ 2,100 professional consultants, engineers, scientists and support staff worldwide. Our client list includes the world’s major transportation Original Equipment Manufacturers (OEMs), supply chain organisations, energy companies and governments.
A record operating performance
[* excluding specific adjusting items, which comprise amortisation of acquired intangible assets and acquisition costs]Commenting on the results, Dave Shemmans, Chief Executive Officer said:“This year we have delivered record financial results, strong cash generation and exceptional projects to our clients. We are starting 2014 with a solid order book, good order intake in the first two months and a growing pipeline which includes significant opportunities in the passenger car market. With Ricardo-AEA we are demonstrating that carefully targeted acquisitions can significantly accelerate the achievement of our strategic objectives."We have continued to make good progress both strategically and operationally in building an innovative and agile Group which is well placed to deliver exceptional projects for clients. Our results demonstrate the benefit of our growth and risk mitigation strategy. We anticipate further progress in 2014 as the Group has a strong balance sheet and a range of opportunities open to it as a diverse Technical Consulting and Performance Products business.” End of summaryDownload
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