Comment / On the wires: Xpediator's profit warning makes it vulnerable, stock hammered

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“Due to a number of factors (…), while the business is on course to meet market expectations for revenues in the current year of over £200m,  profit before tax is anticipated to be materially below market expectations.” – Xpediator, 30 July 2019.

Warning signs: After months of negotiations (click here and here for our previous coverage), Xpediator said in late April it was “no longer in discussions to acquire Intereuropa, a Slovenian logistics company”, but it added it continued to have “a ...