How misleading is this comparing the first half of the year (Higher sales/profit) to the lowest half of the year. ie not comparing like for like trading periods. I would be very concerned as this says they are way down on their numbers. I would suspect that full year results will be very disappointing based on this release. Secondly they are saying Flexibles division is up but they have an added acquisition in this division. Not being very truthful and manipulating the narrative.
Ann: Trading Update, page-7
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