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Waterman waits for property sector recovery

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Interim results chart continuing decline in revenue & profit

22-Feb-10  Disappointing financial results for the six months ending 31 December 2009 have been published by Waterman Group. The interim results record an approximate 30% fall in revenue, although the consultancy has succeeded in delivering a modest profit, in contrast to the previous six month period, when it suffered a loss. Acknowledging the company's dependence on the property development sector for the majority of its work, both in the UK and overseas,...

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