School's Out for Henlys' Us Operations

The HeraldFebruary 04, 2004

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Summary


SHARES in British coach builder Henlys dived yesterday after the struggling group warned that annual earnings will be well below market forecasts.

Henlys stock slumped more than 41%, or 42p to 59p, after it said problems in its Blue Bird school bus-making division in the US could cut profits by more than (pounds) 20m for the year.

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School's Out for Henlys' Us Operations

Blue Bird has struggled to recover from slower-tha...

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