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IN BRIEF: Aukett Swanke interim loss narrows and revenue climbs

ALN

Aukett Swanke Group PLC - London-based architectural and interior design services provider - In six months ended March 31, revenue from continuing operations rises 22% from £4.5 million from £3.7 million a year earlier. Pretax loss narrows year-on-year to £152,000 from £737,000. ‘The period under review highlights a return to growth, particularly in the UK and a significant reduction in the running costs of the group as we progress our recovery strategy,’ Chief Executive Nicholas Thompson says. ‘Overall, we see the performance of the group improving in the second half.’ Company adds it ‘continues to focus on enhancing shareholder value’. This includes possible disposals and a potential share consolidation to allow small investors to ‘realise their investment’.

Current stock price: 1.70 pence, up 13%

12-month change: up 6.2%

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