Expense Ratio at an engineering and construction services provider.

To balance is desire for growth with the need for profitability Freese and Nichols (F&N), a US provider of engineering and construction services, concentrated on the fundamentals, and consequently its revenue growth outperformed the best firms of similar size and in the industry as a whole between 2006-2010. To ensure corporate overheads were under control F&N’s corporate expense ratio was kept at or below target between 2006-2009. In 2006 the expense ratio was just over 15% against the target...

BPIR Categories

15.3.1 Financial performance
15.6.11 Financial management