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Stephen Davidson, Chairman
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“This relatively robust performance, in an extremely challenging global market, highlights the importance of our geographic diversity, global presence and improving mix of business which are continuing to help mitigate the impact of this economic crisis.”
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Jens Montanana, Chief Excutive Officer
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“Despite very tough market conditions that impacted the second half of the year, I am pleased to report that the Group delivered a solid performance for the year with further improvements in revenues and increased operating cash lows. In the face of an economic slowdown which has now impacted globally, we responded swiftly and effectively to reduce and adjust our cost base to cope with the more challenging market conditions. Our divisional structure, with its multiple lines of business and geographic diversiication has proved to be a strong asset in the current climate.”
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