2020 Liverpool firm hit by downturn.PROFESSIONAL services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. group Mouchel has endured a "difficult and disappointing year" as it has been forced to refocus Verb 1. refocus - focus once again; The physicist refocused the light beam" focus - cause to converge on or toward a central point; "Focus the light on this image" 2. its strategies. The firm has a base in Liverpool's Cunard Building The Cunard Building is a building of elegant proportion, sited on the Pier Head at Liverpool. It was constructed by Holland, Hannen & Cubitts between 1914 and 1918 as the headquarters of Cunard Line, and is now the second of Liverpool's "Three Graces". and provides a range of services for Liverpool and Knowsley councils under its 2020 brand. Mouchel's core business has performed strongly, with revenue up 13% to pounds 740.6m. Margins were maintained and profits rose to pounds 47.3m in the year to July 31. However the group made a substantial withdrawal from the rail market and it was hit badly by the Dubai property crisis. Richard Cuthbert, Mouchel chief executive, said: "This has been a difficult and disappointing year. These factors have clouded what has otherwise been another year of growth and strong performance in our core business." CAPTION(S): IN A JAM: Mouchel oversee Liverpool's roads - but are off track themselves |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion