P502 Tjletext 502 Mar17 16:42:30
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ECC SLJDES INTO THE RED
English China Clays, the s0eciality
Bhemicals and minerals group, revealed
deep cracks in its results for 1996
after heavy charges sent profits diving
Pre-tax profits before exceptionals
slid 37% to £65.6m, but charges
totalling £108.5m meant the company
ended £42.9m in the red.
The City had bjen expecting news of the
25% dividend cut to 12.5p.
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Financial headlines 500 City indjx 501
FOR UP TO DATE RATES AND INVESTMENT
OPPORTUNITJES TURN TO p625 NOW!!!
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