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AMTEC reports continued success with strong second quarter results
AMTEC Consulting announced record results for the six months to 31st October 2007, with revenues up 70% to £14.6m. Q2 revenue increased by 84% to £7.6m and profit was up 74% for the quarter. Prospects for the next period are equally good.
Operational highlights
  • major consultancy engagements for AMTEC's information management practice with a global banking group, an MOD agency and the Welsh Assembly Government
  • the appointment of an AMTEC consultancy team to advise a Cabinet-level department on implementation of policy
  • the award of preferential consultancy frameworks from Defra and the MOD
Commenting on the results, Craig Wilson, Managing Director, said: "I am pleased to report record sales during the first six months of our financial year and I fully expect us to enjoy continuing success during the second period."
"Given the current focus on information management within both public and private sectors, I anticipate increased opportunities for our widely-experienced information management (IM) practice. AMTEC is helping IM clients to realise the benefits of an information-enabled organization, which include improved decision-making and better service delivery."
"Growth is also strong in project and programme management consultancy. The public sector continues to endorse our services and our latest programme and project management framework, awarded by Defra in November, is already producing results. AMTEC's best practice in this area is enriched by our Gateway* Review experience and lessons learned during the management of projects."
"AMTEC's strategy remains unchanged. We are exploiting our position as a respected provider of business change services with particular strengths in the UK public sector. Assignments range from niche consultancy engagements to a full lifecycle programme, from strategy to realisation of benefits."
(* The term "Gateway" refers to OGC Gateway, a trademark of the Office of Government Commerce.)
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Notes for editors
  • Please use capital letters for AMTEC.
  • Formed in 1986, AMTEC Consulting is a leading independent supplier of consulting, specialist consulting resources and interim managers, primarily to the UK public sector. The company is now one of the UK's top 35 management consultancy firms and a top 10 SME in the public sector - Management Consultancy, June 2006.
  • AMTEC Consulting is an accredited supplier to the public sector through the OGCbuying.solutions Catalist framework, with uniquely broad coverage across the catalogue.