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PAY - PayPoint News Story

568p 7.0  1.2%

Last Trade - 08/04/20

Sector
Industrials
Size
Mid Cap
Market Cap £383.6m
Enterprise Value £362.1m
Revenue £209.2m
Position in Universe 543rd / 1834

BUZZ-PayPoint Plc: Set for worst day in 6 months on profit growth slowdown

Thu 23rd January, 2020 10:24am
** UK-based specialist consumer payment provider's  PAYP.L 
shares fall 5.65% to 985 pence — set for worst day in ~6 months
    ** "There will be a progression in profit before tax and
exceptional items for the year ending March 31, albeit it is now
likely to be at a more modest rate than previously expected" -
PAYP  urn:newsml:reuters.com:*:nGNE3g2YlX
    ** Company says warmer weather during December and January
impacted UK energy bill payments, and parcel volume growth
remains at the lower end of its expectations    
    ** Up to Wednesday's close, stock had risen 3.16% 
    

 (Reporting by Rishika Chatterjee in Bengaluru)
 ((Rishika.Chatterjee@thomsonreuters.com; within U.S. +1 646 223
8780, outside U.S. +91 99 7277 8938; Reuters Messaging:
rishika.chatterjee.thomsonreuters.com@reuters.net))

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