Frontier Developments Profit Warning: Shares in games developer Frontier Developments (LON:FDEV) were off by over 33% today as a trading update revealed that sales of it’s latest release were below expectations. With guidance for FY22 knocked back to a rather wide range of £100m-£130m, the amount of uncertainty in the market is reflected by the … Read more
Billington Holdings Profit Warning: Shares in structural steel specialist Billington Holdings (LON:BILN) fell today as a new trading update revealed that key contracts had been delayed. And whilst these profits were set to be recognised in the next financial year, it means that this years forecast will not be reached. Share price action was rather … Read more
IG Design Profit Warning: Shares in international accessory manufacturer IG Design Group (LON:IGR) were hit by 35% today as a trading update revealed that cost pressures would wipe out profits this year. It has been the case that rising costs have been known in the market for some time. Much like yesterday’s warning with James … Read more
James Fisher & Sons Profit Warning: Shares in James Fisher & Sons (LON:FSJ) slipped a massive 35% today after a trading update gave investors not just one but several points of concern. The share price action was pretty unforgiving, and the longer-term chart is quite surprising: There has been no dilution of shares over the … Read more
Iomart Profit Warning: Shares in cloud services provider Iomart (LON:IOM) dumped 15% in early trade today after the company revealed that profits would be lower than expectations. This period in the markets has seen some negative action with a rotation into energy and value stocks. We also had two milder profit warnings: both Parsley Box … Read more