Sluggish construction sector hits SWP

A dearth of big projects saw SWP Group, an insulation and drainage engineer, slide into the red in the second half of 2011.

A dearth of big projects saw SWP Group, an insulation and drainage engineer, slide into the red in the second half of 2011.

Revenue for the period fell from £12.7m to £9m year-on-year, while a profit of £1.2m turned to a loss of £0.081m. Earnings per share fell from 0.42p to -0.04p.

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