Norcon, a communications consultancy, has seen its share price plummet following a profit warning.
The company says that its profit before tax figure will be below market expectations after higher than anticipated foreign exchange, financial, recruitment, and relocation costs.
Its net income is also being hit by a higher than expected tax charge.
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Shares in Norcon had fallen 17% by 11:50am. Over the last 12 months the stock has lost 47% of its value.
BS
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