StockMarketWire.com - Andrews Sykes Group's operating profits fell to £11.3m in the year to the end of December, down from £14.7m last time.

Revenues fell to £56.4m from £61.1m and earnings before interest, tax, depreciation and amortisation from continuing operations fell to £15.6m from £18.6m.

The group said the decrease was primarily due to two factors: the under-performance of its operations in the Benelux region and its heating business in the UK: both of which mainly impacted the group's performance in the first half of the year and had been largely addressed by the end of the fourth quarter.






At 8:01am: [LON:ASY] Andrews Sykes Group PLC share price was -17.5p at 302.5p



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