Wessanen downgrades earnings again

Food group Wessanen has once more revised its full-year forecast because earnings are not growing as fast as predicted. The company previously downsized its full-year forecast after the publication of its second quarter figures.

Wessanen now expects European and North American activities to grow by 5% in the fourth quarter – meaning full-year growth will now be below 2%, rather than between 2% and 4% as earlier forecast.

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