From education to employment

Training company issue another profits warning

Carter and Carter have asked the Stock Exchange that trading in their shares be suspended, leading to further speculation that the vocational training company is to be sold.

The company said today that its results for the year to 31 July were likely to be “materially lower than previously expected”.

Carter & Carter issued two profit warnings over the summer, and have been in talks with banks since then to renegotiate its banking facilities.

More soon: FE News takes an in-depth look at the recent events affecting Carter & Carter.

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