Davy: Earnings Will Be Down Into 2009

Summary


OF THE 20 Irish listed companies that reported half-year results in the past week or so, all but three have received earnings forecast downgrades from Dublin brokers' analysts.

According to Davy research: 'Recent earnings results show that the outlook for the remainder of 2008 and into 2009 remains difficult.'

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Davy: Earnings Will Be Down Into 2009

Despite the worsening o...

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