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Havelock Europa – “considerably below” profit warning, a further reminder to be extremely cautious of ‘expected second half weighting’

By Steve Moore | Thursday 7 September 2017


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Having previously, in June, stated it “more than usually so… expect 2017 performance to be significantly weighted towards the second half” though also attempted to reassure that “whilst activity in the Public Sector is expected to be below last year's levels, this will be balanced by a better than expected demand from Retail and Lifestyle and Corporate Services clients”, there is now from interiors company Havelock Europa (HVE) a further “Trading Statement”. How’s that expected more so than usual second half weighting working out?...


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