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SNR Denton chief tells partners to hold their nerve after 35 per cent slump in UK PEP

This sounds rather ominous... Periods of decline are rarely branded as such, but poor figures are usually explained as temporary "blips", as is the case here. A 37% net fall in profit represents something of a financial clanger on SNR Denton's part - and should be seen as a warning for those other British firms rushing into dubious tie-ups with firms on the other side of the pond. Although we are still operating in a somewhat choppy financial climate, this is nevertheless a truly awful, putrid state of affairs. What a rancid mess!

30-Jun-2011

2:56 pm