Creston, the market research and communications company, says a decline in 'retained revenues' has pulled down its like-for-like (LFL) performance.
In the firm's first quarter, which began on April 1st, LFL revenue fell 7% on the same period of last year. Creston says the decline is down to the loss of repeat business in the final quarter of last year.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Shares in Creston were down 5.6% at 11:35.
BS
-
NS&I raises interest rates on British Savings Bonds – are they any good?Savers can access inflation-beating rates on NS&I's British Savings Bonds but there are better deals on offer in the wider market.
-
'I've used my annual ISA allowance. How can I shield my savings from tax?'As millions face paying tax on savings interest, we explore how to protect your money from the taxman. If you've used up your ISA allowance, we look at the other tax-efficient options.
