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COWI 2005 profit up 29%

In 2005, the international consultancy group COWI A/S improved its turnover and earnings.

Net turnover increased from DKK 2, 594m to DKK 2, 676m, up 3%
Operating profit grew from DKK 91m to DKK 117m, up 29%
Profit before tax rose from DKK 97m to DKK 137m, up 41%
Operating margin went up from 3.5% to 4.4%
Profit for the period increased from DKK 61m to DKK 113m, up 86%

COWI experienced increasing earnings in the Norwegian market. In Denmark, growth was particularly achieved within the business area of Economics and Management. In the international markets, earnings went up particularly within Economics and Management as well as Bridges and Marine Structures.



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