The company today announced estimated results for the half year to December 31, 2010.

Net profit after tax (NPAT) for the period is expected to come in at $A1.4-1.5 million, compared to $1.2 million in the 2009 half year, while earnings before interest, tax and amortisation (EBITA) for the six months is tipped to be $3.6-3.75 million, up from $2.8 million in the 2009 half year.

Runge expects the impact of a strengthened Australian dollar will result in booked foreign exchange losses of around $1.3 million.

“Our underlying consulting and technology businesses are continuing to build momentum due to more optimistic industry conditions and a refocusing of the business on our global capabilities,” Runge managing director Tony Kinnane said.

“We are seeing increased opportunities and levels of activity across our regions, however the stronger Australian dollar has partially offset this in our financial results for the half.”

Commenting on the full year outlook, Kinnane said it was not yet possible to assess the financial impact of the Queensland floods on Runge’s full year results.

“Many of our staff and clients have been personally impacted by the floods and our thoughts and best wishes are with them,” he said.

For the 2010 financial year, Runge’s NPAT was $2.3 million compared to $7.9 million in 2009 while EBITA decreased from $12.7 million last financial year to $5.8 million. Overall its revenue decreased 5% from $83 million in 2009 to $79 million in 2010.

Shares in Runge were last trading 1c lower at 54c in morning trade.