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Financial Bites.
(From Financial Director)
"Mr Hoberman also reiterated that profits were difficult to predict because more holidaymakers are booking at the last minute."
From an article about Lastminute.com that appeared in The Times, chief executive Brent Hoberman announcing a profits warning, 5 October 2004.
"It's all leading to the worst profits warning you've ever seen in UK retail. We're expecting a big profits warning, he's the FD. Put two and two together and see what you get."
Philip Dorgan of broker Panmure Gordon, predicting a collapse in full-year pretax profits at Sainsbury's after FD Roger Matthews resigned, Telegraph, 6 October 2004.
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