25/10/2011 - 13:12

Matrix falls after cutting guidance

25/10/2011 - 13:12

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Matrix Composites and Engineering shares have tumbled after the engineering company slashed its earnings guidance for financial year 2012. Perth-based Matrix said “industry-wide procurement delays” had forced it to slash its revenue growth forecasts, from 20 per cent to between 0 and 10 per cent.

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