Johnson Fry sounds warning
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Johnson Fry sounds warning
Johnson Fry Holdings, the financial services group, warned yesterday that its results for the year to 31 December were likely to fall significantly below market expectations and will result in a substantial loss before exceptional items for the year. The shares plunged by 31.5p to 85p. The loss will result mainly from poor sales and margins, particularly in the second half of the year, from the financial products division, which has now been closed, as well as the write-off of pounds 800,000 of capitalised expenditure on software development, the company said. It added that barring unforeseen circumstances, it would pay an unchanged final dividend of 2p per share.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments