Profit warning at Inspecs Group as forecasts fog up
Glasses manufacturer Inspecs Group has issued a profit warning after its clear vision of a good fourth quarter failed to materialise.
In September the Wiltshire group said it was "confident in meeting market expectations for the full year", but has been forced to backtrack today.
Inspecs has told shareholders that the improvement in Q4 sales has not been as strong as anticipated.
Revenues for 2024 are expected to be £197m - compared to £203.3m last year, with underlying earnings also now forecast to be lower than last year,... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
