P&O blames revenue drop for losses

Ferry company P&O Nedlloyd is blaming a fall in revenue for a £29.9m (€46.9m) second-quarter operating loss.

Thu, 15 Aug, 2002 - 10:57

Ferry company P&O Nedlloyd is blaming a fall in revenue for a £29.9m (€46.9m) second-quarter operating loss.

This compares with an operating profit of £29.9m (€46.9m) in the same period last year.

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