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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Driver annual profit falls on pandemic-led slowdown in Middle East, Asia Pacific - Vimarsana News

Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Driver annual profit falls on pandemic-led slowdown in Middle East, Asia Pacific

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Driver annual profit falls on pandemic-led slowdown in Middle East, Asia Pacific | 15 December 2020 - Vimarsana News

Driver annual profit falls on pandemic-led slowdown in Middle East, Asia Pacific | 15 December 2020

15 December 2020 | 09:39am StockMarketWire.com - Construction and engineering services consultancy Driver reported that annual profit fell sharply following a pandemic-led slowdown in activity levels in the Middle East and Asia Pacific regions. Fore the yar ended 31 October, pre-tax profit fell to £1.74 million from £3.25 million year-on-year as revenue slipped to £53.1 million from £58.5 million. The company also absorbed the impact of the severance cost for its outgoing chief executive officer of £0.8m. The company declared a dividend of 0.75 pence per share, in line with last year. '...