Argos owner reveals 60% decline in profits

Argos' owner has pulled the plug on its shareholder dividend after revealing a 60% plunge in annual profits.

Argos owner reveals 60% decline in profits
Wed, 02 May, 2012 - 16:12

Argos' owner has pulled the plug on its shareholder dividend after revealing a 60% plunge in annual profits.

Home Retail Group's decision to cut the payout triggered a further 12% slump in shares.

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CourtsBusinessHeathrowOrganisation: ArgosOrganisation: Argos'Organisation: Home Retail GroupOrganisation: HomebaseOrganisation: Home Retail
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