Sweett Group returns to the black as revenue grows

Sweett Group, an international property and infrastructure consultancy, has delivered a modest rise in revenue, pushing the group back into profit for the half year ended September 30th.

Sweett Group, an international property and infrastructure consultancy, has delivered a modest rise in revenue, pushing the group back into profit for the half year ended September 30th.

Sales climbed from £36.1m to £37.7m year-on-year, while a loss before tax of £0.2m turned to a profit of £1.6m. The cost of sales also rose, from £24.7m to £26.2m over the same period, but a profit on the disposal of assets and a decline of around £1.0m in admin expenses ensured the company ended the period with a profit.

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