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Printing.com

  • BY: Andrew Hore |
  • POSTED: 31/07/2008 |

Printing.com is trading at levels above last year.

However, this comes from a higher number of outlets and the printing company is below budget. Promotional materials are a big market for the company and this market is more difficult.

Despite the tough trading conditions, management believes that Printing.com should make modest progress this year.

The share price declined by 1p to 32.5p, valuing Printing.com at £14.4m.

Brewin Dolphin has cut its forecast profit for this year from £2.7m to £2.5m. That puts the shares on just under nine times prospective earnings for 2008-09. 

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