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Headline

Silver circle tarnished as financials slide

Comment

Many of these firms have announced lower drops in turnover than might be expected given the decline in economic activity. A drop of only 20% seems low for Travers given that they had a private equity concentration. It would be interesting to see the breakdown in turnover of the first and second half of the financial year. Assuming things tailed off I would expect further declines next year.

Posted date

21-Jul-2009

Posted time

10:51 am

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