Shares digital

White Young Green (WHY) – Interims PTP: £7.1m (£5.34m) Divi: 3.2p (2.9p)

Solid figures should reassure investors that all is well within the infrastructure consultant. The share price fell over 25% last year on fears over exposure to the dwindling London commercial property market. The chief operating officer mutually agreed to leave in January as new CEO Lawrie Haynes conducted a business review.

Corporate fit-out in London accounts for less than 1% of group revenue, so the mark down in the share price is unjustified. Any slowdown in business means it can move staff to other jobs, as there is a growing overlap between skills. For example, a bioethanol plant in Lincolnshire uses workers from both engineering and environmental arms to assist with planning and design.

Overseas gains continues to be made, including ?10 million worth on a transport study in Algeria.

Shares says: The share price dip should have bottomed out with the results a catalyst to recovering lost ground.

by: Dan Coatsworth