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| DTZ reports half-year results DTZ Holdings plc, a major global real estate adviser, announces its half-year results for the six months ended 31 October 2009. Group revenue fell by 8.7 per cent to £168.2 million (2008: £184.3 million). Group loss before tax and exceptional items halved to £4.6 million (2008: loss of £9.0 million). Exceptional charges of £16.0 million resulted in a loss before tax, after exceptional items of £20.6 million (2008: loss of £11.2 million). Adjusted EBITDA: £1.8 million (2008: loss of £3.0 million). Strengthened cash position maintained with cash and cash equivalents of £48.3 million (2008: £27.3 million); additional credit facility of £15.0 million secured from DTZ 's largest shareholder. write your comments about the article :: © 2009 Construction News :: home page |