5th Oct 2018 07:42
LONDON (Alliance News) - Aukett Swanke Group PLC said Friday it continues to expect to post a loss for its year ended September, after experiencing difficult second half trading.
For its recently ended financial year, the architects, designers and engineers group said despite winning new contracts in the second half, progress through the early stages of each contract "has been intermittent", leading to only a slight revenue increase on the first half.
Despite continuing to reduce operating costs, a one off expense incurred due to the moving the firm's London studio will offset the impact of the savings on the company's balance sheet, Aukett Swanke added.
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