OCS Group says "we've had another good year"

Results for OCS Group to the year to 31st March were again, good, despite "an increasingly competitive environment". Diversity in terms of service offering is paying off, they announced yesterday.

Turnover was up to £328.4 million compared with £315.6 million in 1998 and pre-tax profits increased 14 per cent to £15 million compared with £13.2 million last year.

Overseas operations now account for 15 per cent of the Group's profits, despite the uncertainty in the Far East, where many of the operations are based. However, the Pheonix and Las Vegas aviatiion support service operations also registered "strong growth".

OCS says it will be concentrating hard on expansion in the PFI sector now that it has one project under its belt (Chepstow Hospital) and will also be targeting the hygiene sector, now that it operates in 32 countries. The company - which is a private family business with 43,000 employees - also aims to optimise the benefits of diversity by cross-selling its service in an era of total facilities management contracts.