MJ Hudson narrows annual losses as revenue recovers from pandemic impact

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Asset management services company MJ Hudson reported narrower annual losses as revenue recovered from the pandemic impact.

For the year ended 30 June 2021, pre-tax losses narrowed to £5.3 million from £7.3 million year-on-year as revenue increased 78.5% to £39.8 million.

'Looking beyond FY21, the board is optimistic as to progress in the current year, encouraged by both the strong trading in the first few months and the potential within our M&A pipeline,' the company said.