Final results released to the Stock Exchange this morning show WYG made an adjusted pre-tax profit of £700,000 compared to a £5.8m loss last time.
Revenue dropped to £125.7m from £139.9m as the impact of closing the company’s Republic of Ireland operations last September hit home.
WYG saw things pick-up during the last financial year with the firm making a £1.1m adjusted pre-tax profit in the second half compared to a £400,000 loss in the first six months.
Chief Executive Paul Hamer said: “The Group’s better than expected return to adjusted profit before tax for the year ended 31 March 2013 marks a significant new milestone in the progress of the Group.
“In the UK, we have been successfully winning work in our key sectors, including Urban & Commercial Development, Defence & Justice and Energy & Waste, despite continued subdued UK market conditions.”
The UK division – which accounts for 60% of revenue – WYG generated turnover of £74.9m compared to £78.9m last time with an operating profit before separately disclosed items of £100,000 compared to a loss £4.7m.