Ascential Shares News & Articles

Market report: Carpetright plunges into the red, takeover confusion grips Inmarsat

Struggling British floor coverings retailer Carpetright (CPR) plunged into the red for year to 28 April 2018 and underlying sales have continued to fall since, the company confirms on Tuesday. Warm weather and stock shortages have been particularly fierce challenges that saw the company report an underlying pre-tax loss of £6.4m, versus a £14.4m profit last time, roughly in-line with recent ...
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