Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

A & J Mucklow First-Half 2010 Pretax Profit Plunges 75 Percent

A & J Mucklow Group Plc, a U.K. commercial real-estate investment and development company, said first-half 2010 pretax profit fell 75 percent as revenue dropped and after a one-time revaluation a year earlier.

Profit for the six months ended Dec. 31 fell to 4.8 million pounds ($7.8 million) from 18.8 million pounds a year earlier, the company said in a Regulatory News Service statement. Revenue declined 15 percent to 8.8 million pounds.

“We remain positive about prospects for the full year and intend to pursue the same strategy of keeping voids and operating costs under control,” the company said in the statement. “We have already seen a slight improvement in the occupier markets and are aware of a number of serious requirements in the market.”

In the same period last year the company benefited from an 11.6 million pounds revaluation surplus. Net rental income related to investment and development properties in the first half increased 6.9 percent to 8.5 million pounds. The company raised its interim dividend to 8.27 pence per share from 8.03 pence a share a year earlier.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.