DWS Advanced Business Solutions announced on Monday morning that the company had achieved a net profit of $17.3 million, representing a decline of 6 per cent compared with the previous corresponding period. The result was slightly above the expectations of analysts at RBS Morgans, and broadly in line within the company’s guidance.

Consequently, there were no negative surprises in this result, and from an operational perspective DWS appears to be on track to make the most of better conditions in 2011-12. This will be assisted by the opening of new offices that occurred in 2010-11.