Ennis set for worst day in 17 months on Q2 miss

Ennis

23/09/2019 16:27

** Printing services provider's shares  EBF.N  down 8.4% at
$18.98, hit a 3-month low
    ** Set for biggest one-day pct loss in nearly 17 months, if
losses hold
    ** Misses rev estimates for first time in 5 qtrs - Refinitiv
data; profit also falls short
    ** Highlights pressure due to previous deals 
    ** "Until these acquisitions are fully integrated into our
systems, we would expect to continue to see a comparable
negative impact on our consolidated gross profit margin
percentage" - CEO  urn:newsml:reuters.com:*:nBw1cGMlZa 
    ** Including session's losses, stock down ~1.14% for the
year 

 (Reporting by Abhishek Manikandan in Bengaluru)
 ((Abhishek.Manikandan@thomsonreuters.com; within the U.S. +1
646 223 8780, outside the U.S. +91 80 6749 2963;))