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AUKETT PROFITS SOAR

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Aukett Associates has celebrated its rebranding as Aukett Europe by announcing a pre-tax profit increase of 55 per cent for the six months to the end of March. The boost in profits came despite only a small increase in turnover over the half-year period, from £8.1 million to £9.2 million. Profits were £950,000. The practice has offices in 12 cities in Europe and £231,000 of the company's profits were generated by the operations of subsidiaries and joint ventures in mainland Europe. In its interim results statement, the company said that around four fifths of its business is generated by repeat commissions for clients including Asda, Royal & Sun Alliance, BT and Glaxo Wellcome.

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