Sirdar to miss forecasts
Sharecast - December 4 2006
Wool supplier Sirdar has warned that it will miss full year expectations as it said the downturn in demand announced some months ago turned out to be even worse than it first thought.“It is now apparent that the downturn in demand for fashion hand knitting yarns has been more severe than was envisaged and that market conditions for residential floor coverings have become more difficult,” said Sirdar in a statement. [more]
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