HMV issues third profit warning

Written By: Lisa Campbell Publication Date: Tue, 05/04/2011 - 09:39 The struggling HMV Group has bought more time to pass covenant tests while issuing a third profit warning. The group, which owns Waterstone's, said "trading conditions have remained difficult" since it issued its last profit warning a month ago and admitted that full year profit before tax was likely to be £30m—£8m down on its last prediction. The figure is less than half of last year's profit of £74.2m and a third down on the £45m city analysts forecasted at the beginning of the year. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-04-05 00:00:00 UTC ]
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HMV issues third profit warning

Written By: Lisa Campbell Publication Date: Tue, 05/04/2011 - 09:39 The struggling HMV Group has bought more time to pass covenant tests while issuing a third profit warning. The group, which owns Waterstone's, said "trading conditions have remained difficult" since it issued its last profit... Continue reading at The Bookseller

[ The Bookseller | 2011-04-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profit warning #hmv issues #trading conditions #remained difficult #month ago


HMV issues second profit warning

Written By: Lisa Campbell Publication Date: Tue, 01/03/2011 - 09:28 The HMV Group has issued its second profit warning of the year and will breach a bank covenant test when it announces full year results in April. read more Continue reading at The Bookseller

[ The Bookseller | 2011-03-01 00:00:00 UTC ]
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W H Smith issues £40m profit warning as coronavirus hits travel business

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Google unveils new digital ad formats, and Facebook issues a warning

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[ Publishing Perspectives | 2018-05-24 00:00:00 UTC ]
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Pearson shares fall 30% on profits and dividend warning

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[ BBC News | 2017-01-18 00:00:00 UTC ]
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Pearson profit warnings wipe almost £2bn off its value

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Will the Pearson chief be brought to book over profits warnings? | Nils Pratley

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[ The Bookseller | 2016-11-18 00:00:00 UTC ]
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Pearson to cut 4,000 jobs after second profit warning in three months

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[ The Guardian | 2016-01-21 00:00:00 UTC ]
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Pearson shares slide after profits warning

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