Fresh Profits Warning As Havelock Talks to Bank

Summary


HAVELOCK Europa was locked in crucial talks with its bankers yesterday after delivering a third profits warning in as many months.

The Fife-based group, which fits and refurbishes shops and schools, warned investors that its profits could be hit by as much as GBP 2 million, a little over a fortnight after warning that its 2009 results would be "significantly" below expectations.

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Extract


Fresh Profits Warning As Havelock Talks to Bank

Havelock revealed on 12 January that it had breached its banking terms, prompting a renegotiation of...

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