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BSI posts 2016 results

IIOC member BSI posts its 2016 results including 21% revenue growth to £401.8m. This growth was broken down as: 9% organic growth; 3% acquisitions and 9% currency. Assurance – which includes management system certification grew 19% (9% at constant currency), with Assurance representing 73% of BSI’s revenue.

Underlying operating profit grew to £50.1m from 2015’s £35.4m.

BSI’s main commentary highlights:

  • ‘Strong global performance despite economic, political and social uncertainty
  • Record underlying revenue for the seventeenth consecutive year
  • Record underlying profit delivered organically and through acquisitions
  • Weakness of Sterling boosted results from significant non-UK business
  • The implementation of our strategy continues as planned.’

Further details can be viewed here

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