Brief: Cropper(James) Expects FY2024 Adj PBT To Be Materially Below Prior Management Expectations

James Cropper

17/01/2024 07:31

Jan 17 (Reuters) - James Cropper PLC  CRPR.L :
    * CROPPER(JAMES) PLC  - TRADING UPDATE
    * JAMES CROPPER PLC - FINAL TWO MONTHS OF 2023 HAVE,
HOWEVER,
PRESENTED TRADING CHALLENGES IN PAPER AND PACKAGING BUSINESS
    * JAMES CROPPER PLC - NOW EXPECTS FULL YEAR FY2024 REVENUES
TO BE
NOT LOWER THAN £103M
    * JAMES CROPPER PLC - FY2024 ADJUSTED PBT IS EXPECTED TO BE
MATERIALLY BELOW PRIOR MANAGEMENT EXPECTATIONS
    * JAMES CROPPER PLC - BOARD NOW EXPECTING TO REPORT A SMALL
ADJUSTED PROFIT BEFORE TAX FOR YEAR
    * JAMES CROPPER PLC - DEBT AT YEAR-END IS ANTICIPATED TO BE
SLIGHTLY BETTER THAN PREVIOUSLY EXPECTED NOTWITHSTANDING REDUCED
PBT OUTLOOK

Source text for Eikon:  ID:nRSQ9155Za 
Further company coverage:  CRPR.L 

 (Reuters.Briefs@thomsonreuters.com)