The upcoming EU referendum creates uncertainty over the exchange rate and could adversely impact input costs in the event of Britain leaving the EU. However, because the business is predominantly UK focused, Brexit is not expected to give rise to any other material commercial or operational risks.
2. Commodity prices / Brexit There is a risk that commodity prices may increase over the time frame of our strategic plan which could impact margins and/or our ability to invest in marketing and capital expenditure activities. Additionally, if the upcoming referendum results in the UK leaving the EU, the subsequent forecasted devaluation of sterling would have an adverse impact on imported raw material costs, only partially offset by positive currency benefits in our international business.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.