James Cropper, a specialist paper and materials group, lost over 20% on its share price after announcing that full-year trading results will be below market expectations.
The reduction comes following a fall in pre-tax profit for the half year to 1 October from £1.7m to £1.1m on a like-for-like basis, equalling a fall in diluted earnings per share from 14.8p to 11.6p.
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