Waterman Group Plc. (WTM.L) in its Interim Management Statement, said its current view is that overall underlying profit and net cash remain broadly in line with expectations, despite it continues to experience short term fluctuations in some of our overseas markets.
In the statement for the period from 1st January 2013 to date, the company said that despite the competitive environment the period has seen continued progress at Waterman with a strengthening order book.
In the UK, the London property market has remained strong, particularly in the residential and commercial sectors. The Group has experienced an increase in commissions in the retail sector with extensions to existing shopping centres or new town centre developments being key features, the company said. It anticipates these opportunities have the ability to provide increasing revenues in future years as individual projects move through planning and on to construction.
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