RPS profits on overseas sales

RPS GROUP’S full-year results topped analysts’ expectations, and the British engineering consultancy said it expected 2012 growth to be fuelled by acquisitions and exposure to global energy markets.

The company derived more than 70 per cent of its underlying profit from outside Europe and made five acquisitions during the year in a bid to expand its international operations.

Pre-tax profit for the year was £50.8m, beating analysts’ estimates of £50.3m.

RPS said January to December revenue rose 15 per cent to £528.7m.