City Analysts Forecast Growth

Summary


W hile, on the face of it, slumping from a pounds5.5 million profit to a pounds3.5 million loss sounds horrendous, there's a far more positive story to be told at Sutton Harbour Holdings.

The Plymouth-based transport and regeneration specialist is used to the swinging fortunes of the commercial property market and has suffered this year from a sharp devaluation of its assets and a slowing of major regeneration schemes.

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Extract


City Analysts Forecast Growth

Its underlying pre-tax loss stood at pounds0.7 million - compared with a profit of pounds2.6 million the previous year - when the pounds2.6 million "fair value" adjustment deficit is taken out of the equation. Like s...

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