By Michael Susin
Shares in Leeds Group PLC dropped on Tuesday after the company said that pandemic-related restrictions are hurting its performance.
The textile wholesaler said the additional restrictions in Europe will have an impact on the performance of both Hemmers/Itex Textil Import Export GmbH and Stoff-Ideen-KMR GmbH.
“Management will take the necessary actions to mitigate this developing situation,” the company said.
Shares at 1148 GMT were down 3 pence, or 13%, at 21 pence.
Write to Michael Susin at [email protected]
