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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

CBL share price plunges after profit downgrade

Analysts weigh in on CBL's "surprise" downgrade.

Calida Smylie
Fri, 18 Aug 2017

CBL Corporation’s shares have plunged about 12% today after it told the market it expects to miss its interim operating profit forecasts by 44%.

The speciality insurance group downgraded its expectations for internal operating profit by $17.5 million to $22.5 million, ahead of reporting first

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Calida Smylie
Fri, 18 Aug 2017
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CBL share price plunges after profit downgrade
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