Wiggins pegs reversal on airport buys

In the six months to 30 September the developer saw a 45% drop in turnover to £5.3m, with pre-tax profits down from £1.1m to £634,000. Earnings per share were halved to 0.08p a share. The company, headed by Oliver Iny, blamed the drop on the unpredictable timing of planning consents.

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