RNS Number:5579V
Management Consulting Group PLC
26 April 2007


                        Management Consulting Group PLC

                               AGM Trading Update


Group revenue for the first half of the year is anticipated, on a like for like
basis, to be in line with last year. The trend of revenue progression is
encouraging as work won is running solidly ahead of revenue delivered.

The US dollar and Euro have depreciated by 21 cents and 4 cents respectively
against Sterling compared with the comparable period of last year. The vast
majority of our revenue is billed in these two currencies. Consequently, the
reported revenue is adversely impacted by the translation effect. Every 1 US
cent change in the average exchange rate impacts revenue and profit by #0.4
million and #0.1 million per annum respectively. Every 1 Euro cent change in the
average exchange rate impacts revenue and profit by #0.8m and #0.1 million per
annum respectively.

Ineum Consulting's integration into the Group has progressed well. It is
providing a new dimension to the Group's offerings that the market demands.
Trading has been strong and is well ahead of the same (pre-acquisition) period
of last year. In particular, the financial and manufacturing sectors have grown
well and there have been large wins in the public sector. Ineum Consulting's
prospects are robust.

Parson Consulting continues to lack good visibility which makes the outcome for
the year difficult to predict. Investment in people has continued in the United
States which remains below scale. The stronger European businesses have had a
solid start to the year and are showing good pipelines of new work.

Proudfoot Consulting's work won since the beginning of the year materially
exceeds revenue delivered in the same period and includes a substantial new
engagement win, new clients and a good volume of repeat work. As anticipated,
Proudfoot Consulting's revenue for the first half will be in line with the
second half of last year and the short term costs associated with developing the
new work streams will reverse as the year progresses.

In accordance with the plans for its development, Salzer Consulting's revenue
has grown substantially at a break even level of profitability.

All of our consultancies are working closely together and we are seeing the
benefits of a greater diversity of service offerings to address market demands.

As usual, April is too early in the year to comment on the outcome for the year
as a whole, but the strong growth in our order book reported at the time of the
preliminary announcement in March of this year has continued and the directors
remain confident that the Group will show good progress in 2007.


For further information please contact:

Management Consulting Group PLC

Kevin Parry, Chief Executive     020 7710 5000


Maitland

Suzanne Bartch                   020 7379 5151

Peter Ogden


Notes to Editors

Management Consulting Group PLC (MMC.L) is an umbrella organisation for a
diverse range of consulting and professional services offerings. It operates
through four divisions: Ineum Consulting, Parson Consulting, Proudfoot
Consulting and Salzer Consulting. Ineum Consulting provides consulting services
with industry expertise. Parson Consulting specialises in financial management
consulting. Proudfoot Consulting specialises in operational improvement
consulting and Salzer Consulting specialises in starting, managing and
restructuring business in Asian markets. The businesses operate worldwide. For
further information, visit www.mcgplc.com.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
TSTGGGZDGVMGNZM

Management Consulting (LSE:MMC)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Management Consulting Charts.
Management Consulting (LSE:MMC)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Management Consulting Charts.