Aukett Swanke Group鈥檚 financial results for the year to 30th September 2016 also show group profits down by a half.
鈥淭he operation was impacted by a general slowdown in construction activity in the first half but more so in the second half as a result of Brexit, the directors said. 鈥淟ooking forward the UK is likely to see a further reduction in revenues in the first part of the new year before the position stabilises. Therefore we do not expect any contribution in profit terms from the UK until the second half.鈥�
Thanks to overseas business and an acquisition in the Middles East, the firm achieved its revenue target of 拢20.8m (2015: 拢18.7m) although profit before tax was below target at 拢900,000 (2015: 拢1.9m).
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