The coronavirus pandemic has dented AVI’s earnings, while increasing expenses, with the company now expecting headline earnings per share for the year to decrease by between 7% and 12%.

The group said, however, that the business’s diversification has helped it offset weak trade in some divisions, like fashion, with increased sales in others, such as its snack businesses...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now