Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Ground engineering contractor Van Elle booked a full-year loss amid a flat revenue performance pinned on the pandemic and Brexit uncertainty.
Pre-tax losses for the year through April amounted to £1.4 million, compared to year-on-year losses of £2.2 million. Revenue was steady at £84.4 million.
Van Elle didn't declare any dividends for the year.
The company said its revenue run-rate at the end of the financial year had returned to pre-pandemic levels.
It added that it had made a positive start to the 2022 financial year, with 'strong' first-quarter trading.
Van Elle's order book at 9 August had increased to £34.7 million, up from £26.4 million at 1 June.
'Assuming supply chain and labour challenges do not materially worsen, the Board anticipates delivering a profitable result in line with market expectations,' it said.