Demand drop hurts Harvey Nash

12 April 2012

SUPPORT services provider Harvey Nash said activity in the final quarter of last year tumbled from the comparable period the previous year and that the trend continued this first quarter.

Trading remain challenging with demand and business confidence weakening after the terrorism of 11 September, it said.

The firm reported a pre-tax profit, before exceptionals and goodwill, of £754,000 for the year to 31 January, from £14.1m the previous year. After write-offs, the pre-tax loss was £11.35m, from a £12.97m profit previously.

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