French U10 warns of higher provisions for Spain unit
PARIS, March 30 |
PARIS, March 30 (Reuters) - French home furnishing distributor U10 on Monday said it was postponing its results pending further reviews of the accounts of its C3M Spanish unit and said these could lead to a significant rise in provisions.
Shares in U10 (L3C.PA) dropped 18 percent this year and 85 percent over 2008.
(Reporting by Marcel Michelson)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters