Heath Lambert reveals interim results

by Richard Kilner

Story link: Heath Lambert reveals interim results

Heath Lambert has announced interim trade results for the half-year up to 30 June 2008.

The performance revealed by figures is uniformly good, with trading profit for continuing operations up by 8% to hit £9.2m.

The National business also saw profits rise, by an impressive 35%, with an annual income increase of 3%.

Retail, construction and transport saw rises in income, which increased by 7%, 15% and 23%.

The financial risks and private medical teams also saw their incomes go up, by 12% and 23% on an annual comparison.

The firm’s positive financial results were backed up by an expanding workforce, with 150 new personnel hired in the first six months of this year.

Last month the prestigious Crossrail project, the £15.9bn rail development in London, selected the firm as its broker for a period of 10 years.

Heath Lambert has continued to make steady and consistent progress, according to chief executive Adrian Colosso.

Colosso went on to say that the firm’s immediate aims were simply to carry on hiring more high quality individuals and increasing the client base.