Aukett Swanke Group (AUK)

Sector:

Construction and Building Materials

Index:

FTSE AIM All-Share

 1.55p
   
  • Change Today:
      0.000p
  • 52 Week High: 1.83
  • 52 Week Low: 0.85
  • Currency: UK Pounds
  • Shares Issued: 341.07m
  • Volume: 20,016
  • Market Cap: £5.29m
  • RiskGrade: 194

Aukett Swanke swings to annual profit after strong second half

By Duncan Ferris

Date: Monday 04 Nov 2019

LONDON (ShareCast) - (Sharecast News) - Aukett Swanke on Monday said it had achieved profit for the year ended 30 September, after strong second half trading more than offset a weak beginning to the year.
The architectural services company had reported an interim loss before tax of £0.4m back in June, while its loss for the prior financial year was £2.5m.

Meanwhile, year end cash stood at £1.1m, up from £0.7m at the same point 12 months beforehand.

The AIM traded company said trading in its new financial year has been stable, though the company remains vigilant regarding possible adverse impacts as a result the forthcoming general election and prolonged Brexit negotiations.

The company also confirmed that it has sold its Moscow subsidiary to a former collaborator for a nominal consideration, though the business will continue to operate under the Aukett Swanke brand.

Chief executive Nicholas Thompson said: "The recovery from the large loss in 2018 is a tribute to the perseverance of the staff in all of our operations and in the internal rigours of reducing cost during a difficult trading period.

"The process to find a suitable successor to carry on the Russian business in our name has taken some considerable time to realise. Critically, the sale has safeguarded the interests of our staff in Moscow, avoids a costly closure process and provides some upside for shareholders through the ongoing licence arrangement. We are pleased with the outcome."

Aukett Swanke shares were up 18.64% at 1.75p at 1327 GMT.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

AUK Market Data

Currency UK Pounds
Share Price 1.55p
Change Today 0.000p
% Change 0.00 %
52 Week High 1.83
52 Week Low 0.85
Volume 20,016
Shares Issued 341.07m
Market Cap £5.29m
RiskGrade 194

AUK Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
71.13% below the market average71.13% below the market average71.13% below the market average71.13% below the market average71.13% below the market average
53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average
Price Trend
15.69% above the market average15.69% above the market average15.69% above the market average15.69% above the market average15.69% above the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Income Not Available
Growth
29.81% above the market average29.81% above the market average29.81% above the market average29.81% above the market average29.81% above the market average
31.58% above the sector average31.58% above the sector average31.58% above the sector average31.58% above the sector average31.58% above the sector average

AUK Dividends

  Latest Previous
  Interim Final
Ex-Div 08-Sep-16 07-Apr-16
Paid 10-Oct-16 22-Apr-16
Amount 0.070p 0.11p

Trades for 12-Jul-2024

Time Volume / Share Price
13:33 20,000 @ 1.51p
10:04 16 @ 1.59p

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