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Ricardo sees demand continue for consulting services

Wednesday, July 16, 2008

Ricardo, the engineering, management and automotive consultancy, reported today that it had made “good progress” during the year to June 30 and said its strategy to diversify was demonstrating resilience and delivering overall growth.

The group saw “very strong” demand for engineering of engines, hybrids and transmission solutions and noted that continued geographic industry development, particularly in Asia, had led to a strong order book.

The Technical Consulting business has demonstrated solid revenue and profit growth compared to the same period last year and demand for Strategic Consulting services continued to increase.

Ricardo said that in spite of the difficult world economic and industrial environment, it remained confident that demand for its expertise would continue to grow.






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