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Avanti – The Profits warning does not stack up

Tom Winnifrith
Sunday 20 July 2014

Naturally I am delighted to see bombastic uber-Welsh Avanti Communications (AVN) boss David Williams have to eat humble pie and serve up a profits warning on Friday. But what the statement says and what it does not say is just terribly confusing. I start on June 13th when Avanti stated:

Avanti confirms that trading for the Full Year to June 30th 2014 is in line with expectations.”

Wind forward to July 18th and er…

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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