Costain Warns on Ful Year Revenues as Contract Delays Bite: Shares Crash

By | 28th June 2019

Shares in maintenance provider Costain (LON:COST) have sunk almost 40% in early trading today after the company issued an update which warned that revenues and underlying profits this year will be below previous expectations owing to contract delays. The share price reaction was large, and an already cheap share has gotten even cheaper: The contracting… Read More »

Tough Second Quarter Sees Airea Shares Floored by 30%

By | 27th June 2019

Shares in commercial flooring specialist Airea (LON:AIEA) slumped by as much as 30% as the company issued a profit warning after a tough second quarter impacted sales. The share price reaction was large and instant: The share price has been choppy here, but longer-term holders would still have done well out of this. Even considering… Read More »