RSM Tenon says year-to-date trading below own view
In September, the business adviser, which has five offices across Yorkshire, had reported a better-than-expected adjusted pre-tax profit for the full year, but maintained a cautious stance for the future.
However, RSM Tenon, which competes with business advisory firms like BDO and Grant Thornton, said its current activity levels were largely as expected, helped by opportunities across all its divisions.
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Hide AdThe company now aims to focus on three areas -- reduction of working capital, organic development and cost control -- to increase the percentage of profit to be generated in the second-half of the year.
The firm also said reducing its debt remained a key priority for the year.