Accrol suspends trading in shares
Lancashire tissue maker Accrol Group has suspended trading in its shares while it clarifies its financial position.
The Blackburn-based company made the announcement as part of a trading update, saying it was experiencing challenging trading conditions, which were having "a significant effect on the trading performance of the company " for the financial year to April 30, 2018.
While revenues will remain on track, the company said earnings will be "significantly lower" than market forecasts, resulting in an increase in net debt.
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