Summary
THE owner of the Eddie Stobart haulage business saw its share price slide yesterday after it reduced its expectations for full- year profits.
Carlisle-based Stobart Group blamed the "slight" downward revision on the impact of Network Rail spending cuts at its rail infrastructure maintenance operation.See the full content of this document
Extract
Shares Fall As Haulier Reduces Expectations
It also reported shorter lead times and volatility in volumes at its core transport business and said it was concerned that business may ...
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