By Najat Kantouar
Aukett Swanke said that it returned to profitability in fiscal 2023 on doubled revenue and that it expects to post record revenue for the current fiscal year.
The provider of architectural and interior-design services said Friday that for the year ended Sep. 30 it made a small pretax profit--before acquisition-related exceptional items--without providing a specific figure. For fiscal 2022, it posted a trading loss--one of its preferred metrics--of 72,000 pounds ($91,749.60).
Revenue for the year rose to GBP14 million compared with GBP7.1 million, it said.
"We are pleased to have returned the group to full year operational profitability after several years of losses. Looking ahead to the current financial year, we expect the enlarged group to report record revenues, with the second half performance as usual stronger than the first half," Chief Executive Nick Clark said.
Write to Najat Kantouar at najat.kantouar@wsj.com
