THE stock market worth of Scots food manufacturer Devro has dropped almost £20 million after the firm predicted profits below expectations.
Shares in the sausage-skin company, which has plants at Moodiesburn and Bellshill in North Lanarkshire, dropped 11.9p, or 3.54%, to 324.1p as analysts cut their expectations in the wake of the company's update on its trading since July 1. The drop in share price resulted in a cut to Devro's market capitalisation by £19.7m to £537m.
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