Business Services Industry
AB Sardus issues profit warning
Nordic Business Report, Jan 16, 2006
NORDIC BUSINESS REPORT-16 January 2006-AB Sardus issues profit warning(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
The Swedish sandwich toppings and frozen food supplier AB Sardus issued a profit warning on Monday (16 January), citing weaker than expected Christmas sales and increased competition.
Sardus said that it had adjusted downward its forecast for the pre-tax result for 2005 from the previously announced SEK100m to SEK75m.
Sardus will publish its full-year report on 31 January.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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