Entertainment business set to rationalise costs as it issues profit warning

An entertainment design, production and fit-out business is to rationalise costs as it announced in a trading update today that it expects EBITDA to be "significantly lower than previous expectations" at around £700,000.

York-based Paragon Entertainment still expects to complete the 2017 financial year with sales broadly in line with the Board's expectations at £15m.

However, second half performance has notably impacted EBITDA, with the full year to 31 December expected to be signif... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...