Business Weekly - Cambridge, UK

HOME

DRS shares fall by ten per cent

Written by Business Weekly

Monday, 15 January 2007

Milton Keynes-based automated data capture specialist, DRS has seen a ten per cent drop in its share price following a trading update. DSR said it had "incurred a loss in the second half of 2006 as a result of weaker than expected sales and unbudgeted costs pursuing new business." It said it still expects to show a small pre-tax profit for the full year. The price per share fell 10.7 per cent, or 4p, to 33.5p.

 

< Prev		Next >