Vymura warning

Shares in Vymura, the paint and wallpaper group fell 25p to 110p yesterday after a profits warning. The company said market conditions were "increasingly difficult" and that there was no sign of an improvement. Reporting a slight dip in first half profits to pounds 2.1m (pounds 2.2m)

Vymura said second half profits were unlikely to exceed the interim figures. The board has held talks with Trevor Hemmings, the leisure entrepreneur who has built up a 22.3 per cent stake in the group, but is still unclear as to his intentions.