Profit warnings are never pleasant, albeit some are far less painful than others. You see that, when caused by transitory, rather than permanent factors, the damage tends to be milder and more short-lived. This is the situation that we think Molins finds itself today, after Q4 trading was said to have been “materially” affected by delayed orders and lower gross margins, due to extended customer procurement cycles and “unfavourable sales mix”. Here, we suspect that some
12 Dec 2016
Temporary headwinds starting to ease
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Temporary headwinds starting to ease
Mpac Group PLC (MPAC:LON) | 425 -21.3 (-1.2%) | Mkt Cap: 87.0m
- Published:
12 Dec 2016 -
Author:
Paul Hill -
Pages:
5
Profit warnings are never pleasant, albeit some are far less painful than others. You see that, when caused by transitory, rather than permanent factors, the damage tends to be milder and more short-lived. This is the situation that we think Molins finds itself today, after Q4 trading was said to have been “materially” affected by delayed orders and lower gross margins, due to extended customer procurement cycles and “unfavourable sales mix”. Here, we suspect that some