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IQ Holdings warns of significant full-year shortfall



20 November 2009 @ 11:42 am BST

Market research company IQ Holdings warns its results for the year to 30 September will be significantly below market expectations.

The company says that since its interim announcement on 30 June, trading conditions have continued to be difficult and some large contracts have been postponed by customers.

It has begun a strategic review of its operations which may result in a sale of the group's subsidiaries. However, discussions are only at a preliminary stage.

Story provided by Business Financial Newswire

© 2009 BFNNews.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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