...to the latest news. I read it as : the business is still very challenging, but we've had a windfall effect from the weakness in the pound. Struggling to work out why this pushes the stock up to this extent. if I held it, I'd sell here.....
I took my eye of this stock and didn't realise it was on the way up again. Revenues predicted to be flat vs. last year on same FX but actual results reported will show an increase due to sterling weakness. This will also impact the rest of the P&L as well but curiously not much clarity about costs and profit.
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