Share Name Share Symbol Market Type Share ISIN Share Description
Aukett Swanke Group Plc LSE:AUK London Ordinary Share GB0000617950 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 2.00 1.90 2.10 2.00 2.00 2.00 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 12.2 -0.0 0.0 - 3

Aukett Swanke Group PLC Trading Statement

09/11/2020 7:45am

UK Regulatory (RNS & others)


RNS Number : 6415E

Aukett Swanke Group PLC

09 November 2020

9 November 2020

                                           Aukett Swanke Group Plc 
                                                Trading Update 
       Aukett Swanke Group Plc ("the Group"), the international group of architects, interior designers 
       and associated engineers is pleased to provide the following update in respect of the financial 
                                        year ended 30 September 2020. 
          The Group returned to profitability in the first half. However, Covid-19 has impacted the 
          second half year such that the Group now expects to report a small loss for the full year, 
                                  subject to any material audit adjustments. 
         Cash management has been strong with cash balances at 30 September 2020 of GBP992,000 (2019: 
        GBP1,145,000). After deducting the final balance due on the Group's long-term loan, net funds 
                                 increased to GBP837,000 (2019: GBP820,000). 
         Whilst the Board is comfortable with the Group's response to the ongoing pandemic, in terms 
              of cost containment, it remains cautious on the pace and scale of future projects. 
         The Group expects to release the audited results for the year ended 30 September 2020 during 
                                                January 2021. 
                                   Aukett Swanke Group PLC - 020 7843 3000 
                                *    Nicholas Thompson, Chief Executive Officer 
                                 *    Antony Barkwith, Group Finance Director 
                                       Arden Partners Plc 020 7614 5900 
                             *    Corporate Finance: John Llewellyn-Lloyd/Benjamin 
                                          Investor /Media Enquiries 
                                       *    Chris Steele - 07979 604687 

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(END) Dow Jones Newswires

November 09, 2020 02:45 ET (07:45 GMT)

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