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Carillion

Carillion fighting for survival after third profit warning

Michael Van Dulken from Accendo Markets speaks to Proactive after Carillion PLC (LON:CLLN) warned that profits for the year would be “materially lower than market expectations” and that its debt pile will increase.

It marked the third profit warning for the year and comes on the back on falling revenues, rising costs and project delays in the Middle East.

Quick facts: Carillion

Price: £0.14

Market: LSE
Market Cap: £61.1 m
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