Inter Link shares reach new low
Published:  23 March, 2007

Shares in cake company Inter Link Foods fell after it issued a second profits warning in five weeks this week. Share prices fell from 179p to 80p after Inter Link said it would make an operating loss before inte-rest for the 12 months to April.

"The own-label business is still suffering from the competitive market conditions that have prevailed for 18 months and the sales and margins previously anticipated for the final four months of the financial year have been revised downwards," said the company in a statement.

Shares in the AIM-listed company, which have tumbled over the last 12 months, were trading at 763p in March 2006.




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