Shares down almost 20% in early trading
Contractor ISG issued a profit warning this morning as delayed and cancelled contracts hit margins at its retail division.
ISG said the hit would result in profit down 拢3m at its retail division for this financial year.
Shares at the contractor were trading around 18% down in early trading on the London stock exchange this morning.
Real-time Share Price
ISG said it will continue to diversify its earnings base away from the UK towards overseas businesses, which it expects to contribute 35% of profit for 2012.
The company said trading for the first half ended December was in line with its expectations.
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