Report this comment to a moderator

A&O beats budget with rises in turnover and profits

Although trumpeted as magnificent results, these numbers are anything but. Yes, A&O has seen a marginal revenue increase - less impressive considering they did open four new offices during this reporting period. Equally even after hundreds of redundancies, an apparently plan to increase profitability and all that other jazz, the profit margin remains c. 20% lower than the type of firms that A&O adores to compare itself against. But yes, yes. Keep on sustaining that bloated, over-grown international presence.

6-Jul-2011

0:59 am