Salvesen shares tumble on warning

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The Independent Online
Shares in Christian Salvesen, the logistics to brick-making group, fell 62p to 314p after it warned pre-tax profits would be below last year's pounds 74.8m.

Chris Masters, chief executive, said the problems that led to the profits warning were relatively small but added together they would chop about pounds 6m off Salvesen's bottom line in the year to March.

Bottom Line, page 27

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