PropertyEU

DTZ books pre-tax loss, but meets cost-cutting targets

By A staff reporter 2009-07-22T00:00:00

Real estate adviser DTZ posted a full-year pre-tax loss of £35.1 mln (EUR 40.6 mln) in the year to April 2009 following restructuring costs and an 18.4% decline in revenue to £364.1 mln. However, the company has substantially shored up its balance sheet through an additional credit facility of up ...

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