26.80p+2.95 (+12.37 %)24 Nov 2020, 16:36
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Mccoll's Retail Group PLC Shares News & Articles

McColl’s still feeling the pain from supplier collapse as full-year profit misses expectations

Shares in convenience stores operator McColl’s Retail (MCLS) have taken a beating after missing full-year profit expectations and reporting a weak start to the new financial year, falling 4.6% to 237.5p. The company has warned about a continuation of supply distributions following the collapse of wholesaler Palmer & Harvey. Group like-for-like sales have fallen by 2.2% in the first 11 ...

Market report: Reckitt Benckiser 2017 results fall flat and AstraZeneca secures approval for key drug

The FTSE 100 is struggling for direction early on, up a handful of points just short of the 7,300 mark, despite strong trading in Asia overnight. Consumer goods business Reckitt Benckiser (RB.) falls 3.8% to £63.20 as like-for-like sales for 2017 come in flat and margins come in just below consensus. The company, which owns brands such as Cillit Bang and Clearasil is guiding for growth of ...
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