Shares fall 30% as losses hit Mouchel

Shares in the support services group Mouchel fell by 30% last week, after the local government contractor announced a loss of £14.7m

Shares in the support services group Mouchel fell by 30% last week, after the local government contractor announced a loss of £14.7m.

The group announced a 15% fall in revenue for the year ending 31 July and profits, before tax and exceptional items, of £30.5m.

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