Coronavirus impact: 29 July - a lesson in excellent financial reporting
The latest report from Next provides a lesson in comprehensive reporting, if only others would follow their lead
James Cropper: 175 years and countingSpecialist paper and technical fibres group James Cropper (LON:CRPR) confirmed it has experienced a sharp downturn in activity in the first quarter of this year, resulting in a trading loss. Like so many businesses the pandemic has accelerated its restructuring plans which affect Paper and Group operations divisions and are clearly going to result in some job losses. Its Technical Fibre Products (‘TFP’) business is not expected to be impacted significantly by the pandemic, with year-on-year growth expected in a number of sectors including fuel cell and wind helping to offset the decline in aerospace…