Hello, Share Smackers. Operating profit for 2017 dropped by more than half at EMIS Group (EMIS). According to the figures just out, £11.2 million was used up covering service and reporting issues. That seems fairly remiss in a modern company which should always be equipped to pleasing its big customers.
A Trading Statement from EMIS Group (EMIS) commences “trading for the year has been in line with the board's expectations”. Ok… “(excluding the impact of the service level reporting issues separately announced this morning)”. Uh oh…
A trading update announcement from EMIS Group (EMIS) includes that “performance for the year was in line with the board's expectations”, so why are the shares currently around 8% lower, at 870p?...