This is the second profit warning this year for DSGI which operates Dixons, Comet etc warned disappointing sales of Microsoft VISTA products would cut its half year profit.
Profit warning from French Connection
French Connection Group has warned that its year to end-January 2008 pretax profit outturn may not match the 4m it achieved in the previous year.
Laundry services provider Johnson Service, after UBS cut its price target, had plunged after the company said group profits in 2007 will be below its expectations, with the outcome for 2008 unlikely to match hopes.
Full-year operating profit to be about 3.0 mln usd lower than market expectations, as it sees costs in the second half to be higher than previously expected. Chief executive Tom Pfeil has resigned.