Altron shares took a dive on Tuesday, plunging as much as 14.6% in intraday trade, after the IT group flagged no annual growth in earnings, which reflected the outsized contribution of its recently hived off UK-focused software business.
On Tuesday, Altron said it expects headline earnings per share — the primary measure of profit that strips out certain one-off, no-trading items — of 0c to 13c, a reduction of 100% to 81%, compared with 67c previously...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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