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Aukett Fitzroy Robinson

  • BY: Andrew Hore |
  • POSTED: 27/11/2007 |
  • COMMENTS: Add yours

Architect Aukett Fitzroy Robinson doesn’t appear to have been hampered by its failed merger talks with rival SMC Group.

Results for the year to September 2007 will be in line with expectations. Aukett has also gone from a net debt position of £180,000 to a net cash position of £1.68m over the past 12 months.

Management describes the order book as buoyant. Projects range from international hotels in the UAE to offices in the UK. International demand is particularly strong.

This has helped to arrest the slide in the share price in recent months. It rose 0.5p to 10.75p.

The results will be announced on 15 January.

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