Hazlewood issues profits warning

5 April 2000

Hazlewood issues profits warning

HAZLEWOOD Foods has warned that a tough trading environment and heavy investment will hit profits this year and next.

The sandwich and convenience food manufacturer reported sales were “running a little below plan”, reports the Financial Times.

Analysts have downgraded pre-tax profit forecasts from 46 million to 40m, still ahead of last years 40m.

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