Aukett Swanke Group PLC Trading Statement (4891F)
April 25 2014 - 2:00AM
UK Regulatory
TIDMAUK
RNS Number : 4891F
Aukett Swanke Group PLC
25 April 2014
Aukett Swanke Group Plc
Trading Statement
Aukett Swanke Group Plc, the international architectural and
interior design practice with offices in Europe, the Middle East
and Russia, is pleased to provide the following update on
trading.
We are pleased to report that the improvement in the UK property
development sector noted at the annual general meeting in March has
continued; a trend we now believe will extend through this year and
into next. This has resulted in both new commissions continuing to
be won and existing commissions continuing into their later project
stages faster, and at a higher rate, than was previously
expected.
Whilst the rest of the group continues to trade in line with the
board's expectations, the pleasing performance of our UK business
indicates that group revenue and profits for the current financial
year will exceed the board's previous expectations.
Integration of the newly acquired Swanke Hayden Connell Europe
continues to proceed as planned.
Interim results for the six months ended 31 March 2014 are still
expected to be reported in late June 2014.
Enquiries
Aukett Swanke - 020 7843 3000
Nicholas Thompson, Chief Executive Officer
Duncan Harper, Group Finance Director
FinnCap - 020 7220 0500
Corporate Finance: Julian Blunt / James Thompson
Corporate Broking: Stephen Norcross / Simon Starr
Hermes Financial PR
Chris Steele - 07979 604687
Trevor Phillips - 07889 153628
This information is provided by RNS
The company news service from the London Stock Exchange
END
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