Portmeirion Gives Out Profit Warning on International Woes: Shares Fall 25%

By | 14th May 2019

A rather surprising update comes today from Stoke-based ceramic specialist Portmeirion (LON:PMP) as a profit warning comes out on the back of international problems, specifically Korea. Shares are 25% down in early trade: Portmeirion have been a bit of a success story in recent years, so this warning is surprising to say the least. Unlike… Read More »

Frontier Smart Technologies Share Priced Halved As It Warns of Lower Revenues

By | 9th May 2019

Shares in digital audio specialists Frontier Smart Technologies (LON:FST) halved today as it cites several factors for a reduction in revenues and profits. The share price immediately reacted: This has been really a latest in a long series of declines for this company. Checking back through the history is fairly illuminating. Last year it put… Read More »

Nexus Infrastructure Share Price Declines as Tamdown Problems Hit Profit

By | 29th April 2019

Infrastructure provider Nexus Infrastructure (LON:NEXS) today put out a profit warning in a trading update as it revealed that ongoing issues in its Tamdown department would ‘materially’ affect profit this year. The share price fall was in the region of 30% in early trade: There are several interesting aspects to this. Firstly, Van Elle Holdings… Read More »

Galliford Try Issues Profit Warning as New Project Problems Start to Bite

By | 17th April 2019

Shares in housebuilder/constructor Galliford Try (LON:GFRD) tanked 25% on Tuesday as further problems to its construction projects has meant cost overruns eat into profits. The share price action was immediate and sustained: As in common with many companies offering profit warnings nowadays, this does not show the extent of the destruction of value for shareholders,… Read More »