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Aukett Fitzroy Robinson

  • BY: Andrew Hore |
  • POSTED: 02/12/2013 |

Architect Aukett Fitzroy Robinson has confirmed that it will report a higher profit in the year to September 2013 and house broker finnCap has published a 2013-14 profit forecast of £900,000.

Trading in the UK is strong but the cost base will need to be increased as demand returns. The Russian market remains tough.

At 6.75p a share, up 0.5p, Aukett is valued at £9.83m.The shares are trading on 14 times prospective 2013-14 earnings. Aukett had net cash at the end of September 2013 and the figure could increase to £500,000 by next September even though a 0.2p a share dividend is forecast.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFNovember2013_50.pdf

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