NCB cuts forecast for Qualceram

NCB Stockbrokers has sharply cut its earnings forecast for Qualceram Shires, which issued a profits warning on Monday.

NCB cuts forecast for Qualceram
Wed, 08 Dec, 2004 - 00:00

The broker said it was pencilling in earnings per share of 22.4 cents for 2004, a drop of 44%.

“Our forecast reduction reflects a number of pressures, mainly external, faced by the group in the second half of 2004,” it said yesterday.

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CourtsOrganisation: NCBOrganisation: Qualceram NCBOrganisation: Qualceram ShiresOrganisation: Shires
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