LONDON (Thomson Financial) - John Swan & Sons Plc. swung to a full-year
pretax loss versus a profit last year as revenues dipped versus a year ago.
For the year to April 30, the group reported a pretax loss of 72,605 pounds
compared with a pretax profit of 111,589 pounds last year while revenues fell to
1.52 million pounds against 1.58 million pounds a year ago.
The group said while its unit John Swan Ltd. reported an interim loss after
Livestock auctioneering was hit by the outbreak of Foot and Mouth disease, the
unit reported a strong recovery in the second half.
The livestock agent also proposed an unchanged dividend at 15 pence.
TFN.newsdesk@thomson.com
npr/sal
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