Aquila Services halves dividend as H1 profit slips on virus impact

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Consultancy and advisory provider Aquila Services halved its dividend after reporting a fall in profit as revenue was hurt by a dent to operations owing to the impact of the pandemic.

For the six months ended 30 September, pre-tax profit fell to £202,000 from £254,000 year-on-year as revenue fell to £3.5 million from £3.9 million.

The company proposed an interim dividend of 0.15 pence, down from 0.30 pence last year.

Looking ahead, the company the outlook for its international business remains challenging.

At 9:21am: (LON:AQSG) Aquila Services Group Plc share price was 0p at 26p