Questor share tip: Buy Hyder Consulting as its reveals record order book The group's businesses are plugged into some major bullish investment themes. These are urbanisation, increased investment in mass transit schemes worldwide, low carbon design to tackle climate change and water and power scarcity. In the 12 months to March, revenues rose by 8pc to £298.1m and pre-tax profit jumped 9pc to £18.8m. The group's net cash balance soared to £24.3m from £15.6m, which is a useful war chest for strategic acquisitions. The group's order book increased by 14pc to a record £413.2m, which means about 65pc of the current year's forecast revenue is already secured. This has created a degree of confidence in the future great enough for the group to increase its dividend by much more than the market expected. The final payment of 8p, which will be made on August 9, brings the total for the year to 12p, an increase of 33pc. Analysts had pencilled in a dividend of 11.99p next year, which is below the full-year announced this week. This means that the prospective yield next year of around 2.8pc is likely to be understated as analysts will increase their forecast this week. The company's business in Australia has low exposure to the resources sector, which makes up just 5pc of its revenues. Mining giants in the country are reining in expenditure after years of runaway investment. In its Middle Eastern business, operating profits rose 82pc over the year to £7.1m and the company has won some major contracts recently, including a £70m contract for the design and supervision for a section of Doha Expressway. It has increased exposure to the infrastructure market in Saudi Arabia, which should help make up for a slowdown in Dubai and the wider United Arab Emirates. The shares are trading on a 2014 earnings multiple of 9.8, falling to 9.3. This does not seem overstretched for a company with such a solid underlying performance. Questor thinks the recent fall is a buying opportunity.