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Lower margins in Germany and weak performance in Middle East impact performance
Thursday 30 Nov 2017 Author: Lisa-Marie Janes

Shares in staffing specialist Empresaria (EMR) fell to a one-year low of 100p (24 Nov) after it announced that full year pre-tax profit would be below market expectations.

The company has blamed historic issues for the disappointing trading update, flagging reduced margins in Germany following legislation changes, the impact of which has been felt earlier than anticipated.

A weak market in the Middle East has also persisted, creating extra costs to resize the business. (LMJ)

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