Outlook
The Group sees encouraging growth opportunities in the US, UK and EU.
In the US there is already a large Federal market for technical consultancy. The Group believes that when the US joins with the EU in combating climate change and becomes a ratifying co-signatory to international agreements, the Federal market for the Group’s services will grow significantly. In the medium term the Group sees good private sector opportunities in the US. China and India will also become important markets and AEA has already established itself as an advisor to the Chinese Government on climate change.
In the UK the Group expects the main growth opportunities to come from the private sector where the focus is to reduce energy consumption and CO2 emissions in advance of forthcoming regulation.
The Group is confident that its markets are growing and that there are a number of exciting opportunities upon which to build a world class business.
Dr Bernard Bulkin
Chairman
Andrew McCree
CEO
Alice Cummings
CFO
12 June 2008