Wilmington eyes foreign markets

By Daily Mail Reporter
Updated:

 

Legal and financial events company Wilmington said it will continue to look outside the UK for future growth after seeing profits and revenues drop.

It signalled the shift after snapping up rival Axco for £21m.

In 2009 Wilmington's overseas operations accounted for 19% of revenues, but this has increased to 21% as focus is shifted to south east Asia.

Full-year pretax profits were £13.1m to the end of June, compared with £13.3m a year earlier, while revenues slid nearly £8m to £78.4m.

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