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I'm holding the fort here today as Paul is traveling.
Share price: 115p (-14%)No. shares: 17.7mMarket cap: £20m
A significantly weaker result (pre-exceptionals) had been well-flagged - Paul discussed the trading statement here in January.
Revenue fell by 7% to £27.5 million and operating profit almost halved to £1.4 million, thanks both to a lower gross margin and higher costs.
Perhaps the shares are down by a further 14% today because of the cautious outlook statement:The general economic conditions suggest another challenging year ahead with continued pressure on consumer product brands and the…