EVolution is a news, intelligence and analysis service dedicated to the emerging business of supporting electric and hydrogen-fuelled vehicles.

Profits slide at WYG

08 December 2017
 

Consultant WYG’s share value fell this week as the firm announced a disappointing set of half year results. Group revenues rose from £73.5m (H1 2016) to £76.2m (H1 2017) but operating profit fell from £2.8m to £1.0m and profit after tax fell from £2.6m to £700,000. WYG said operating profit had been affected by issues in the UK, notably: lower values of work from frameworks; loss of staff from its planning team; a small number of problem projects in the...

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