Trading Statements for 19 March 2020
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19 Mar
09:59Elementis scraps dividend to bolster balance sheet amid coronavirus spreadChemicals company Elementis scrapped its dividend to save costs in an effort to preserve cash flow as the impact of Covid-19 virus presented 'significant' demand and operating uncertainty. 'The...
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19 Mar
09:01Direct Line halts share buybacks to preserve capital amid coronavirus uncertaintyInsurer Direct Line said it had halted its share buyback programme in an effort to preserve its balance sheet amid heightened uncertainty caused by the Covid-19 outbreak. 'Given the uncertainty...
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19 Mar
08:534print flags supply disruptions and material drop in demand amid Covid-19 spread in UK, North AmericaMedia company 4Print flagged supply chain disruptions across North America and the UK and warned of a =material slump in demand since the spread of COVID-19. 'A more pressing supply concern now...
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19 Mar
07:56Autotrader results to meet expectations; but warns of operating loss next yearAutomotive retailer Autotrader said its annual results would be broadly in line with market expectations, but warned it would record operating loss in the range of £6m-to-£7m in the next fiscal...
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19 Mar
07:43Halma warns on profit amid Covid-19 outbreakHealth, safety and environmental technology group Halma warned on profit as the Covid-19 outbreak in the fourth quarter undid the 'good' progress it had made during the last six months. In an...
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19 Mar
07:35Burberry shuts 40% of stores, warns sales has 'deteriorated significantly' amid coronavirus spreadHigh-end fashion retailer Burberry warned that trading had 'deteriorated significantly' as comparable retail store sales had plunge between 40% and 50% over the last six weeks with around 40% of...
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19 Mar
07:21Online shopping site Ocado reports revenue boost as coronavirus concerns spike demandRetail revenue at Ocado Retail has grown 10.3% so far in 2020, reaching £441.2m in the 13 weeks to March 1, 2020. According to its latest trading statement, the joint venture between Ocado Group...