Business Post Dives On Profits Shortfall Alert

Evening Standard - London › April 05, 2005

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Summary

THERE was a heavy thud in shares of Business Post today after it admitted profits will miss most City analysts' forecasts.

Shareholders have enjoyed four years of almost unbroken share price rises at the courier group. The stock more than quadrupled on expectations of fat profits from the company entering the postal market and breaking up the Royal Mail monopoly.

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Extract

Business Post Dives On Profits Shortfall Alert

But the revelation that group ...

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