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Capita Symonds bucks downturn with 16pc growth

Capita Symonds increased its turnover by 16 per cent in the 12 months ended 31 December 2008 to £284.2 million the firm said today.

The strong growth came on the back of wins in Glamorgan, Sefton, on Crossrail and with the Learning and Skills Council.

The firm has a place on the Crossrail design frameworks for the tunnels, portals and central stations, and a place on two major frameworks for the Learning and Skills Council.

It also signed a £75 million 15-year joint venture deal with three Welsh councils – Bridgend, Methyr Tydfil and Rhondda Cynon Taf County – to deliver highways, transportation, engineering, construction, environmental and related projects across the local authorities and the rest of South Wales.

And it has a £70 million contract with Sefton Metropolitan Borough Council for a ten year strategic partnership to deliver a wide range of property and highway services.

The firm made a number of acquisitions over the course of the year: land planning consultancy Lovejoy (February 2008); structural engineering consultancy NRM Bobrowski (March 2008); and building services engineering consultancy Pearce Buckle (May 2008).

Capita Symonds managing director Jonathan Goring said: “2008 was an exceptional year for Capita Symonds as we further consolidated our position thanks to another consecutive year of growth – our fifth since the company was formed in 2004. In the current economic climate this is an exceptional feat, which bears testimony to the underlying strength of our business.

“Thanks to our groundbreaking strategic partnerships with local authorities across the UK and a strong pipeline of new opportunities, we are also well placed to continue this sustained year-on-year growth. We offer a more diverse range of services and projects than any other UK consultancy, and our successful people, projects and performance are continuing to make a real difference across the country,” he said.

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