Company blames cost of investment for disappointing market
One of the day’s biggest losers so far is telecoms testing group Spirent Communications, which has lost nearly 16% following a profit warning.
The company said it expected revenues for the full year to be in line with forecasts but added that profits would be “materially below our expectations” due to plans to invest in new products and its acquisitions “given the opportunities for growth in this time of unparalleled change.”
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Source: The Guardian Circular Economy RSS