Aukett Swanke's pre-tax profits fell to £417,000 in the six months to the end of March - down from £815,000 last time - with the group citing the EU referendum for putting a brake on projects.

And it warned that this was likely to have an effect on the full year results.

Revenues were up 9% at £10.0m (2015: £9.2m) but earnings per share fell to 0.17p from 0.43p. The interim dividend of 0.07 pence per share is down from 0.11p last time.

Chief executive Nicholas Thompson said: "The EU referendum in the UK has clearly impacted these results and is likely to do so for the full financial year. Encouragingly the Group has benefited from its recent investment in the UAE. In addition we anticipate improved performance in both Germany and Turkey in the second half." At 1:02pm: (LON:AUK) Aukett Swanke Group PLC share price was -1.13p at 5.13p