Colt sales slide, profits turn to mush in shiny new cloudy world

A double-digit sales crash in the carrier voice division led top-line declines at Colt in 2014, as a series of one-off costs – including a major restructuring programme – downed profit. It was a “disappointing” outing for the London-listed operation, with turnover dropping 6.4 per cent to €1.49bn in the 12 months, the firm …

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