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Aukett Swanke swings to annual loss on pandemic hit to H2 revenue | 18 February 2021 - Vimarsana News

Aukett Swanke swings to annual loss on pandemic hit to H2 revenue | 18 February 2021

18 February 2021 | 09:44am StockMarketWire.com - 0International group of architects Aukett Swanke swung to an annual loss a surge on Covid-19 cases weighed activity, denting revenue in the second half of the year.   For the year ended 30 September 2020, the company reported a pre-tax loss of £46 million compared with a profit of £292 million year-on-year as revenue slipped to £12.2 million from £15.5 million. A surge in coronavirus cases led to 'sharp decline in revenues in second half from April to September,' the company said. 'The current year started with revenues below our expectat...