Carter & Carter, the learning solutions and outsourced support services provider for the automotive industry, has announced growth of 64% in turnover, with £37.9 million generated.
Profit before tax was up by 13% to £3m. The company’s average amount of students was also up by 26%.
Phil Carter, group chief executive, said: “The group has delivered strong underlying results in the first six months of the year. The acquisitions of Assa and more recently Fern have established Carter & Carter as the market leader in vocational training.
“The integration of these businesses is progressing well. We are well placed to deliver a good performance in the second half of our financial year.”
Half-year ended Jan 31, 06 | Half-year ended Jan 31, 05 | Growth % | ||||
Turnover (£m) | 37.9 | 23.0 | 64 | |||
Underlying operating profit (£m) | 6.2 | 4.6 | 32 | |||
Underlying profit before tax (£m) | 4.7 | 2.7 | 76 | |||
Profit before tax (£m) | 9.5 | 7.3 | 30 | |||
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