Troubled haulage firm Eddie Stobart Logistics has warned that annual profits will be "significantly below" expectations after a poor first half of the year.
The distributor said "adverse performance" combined with an ambitious budget, as well as delays on a major consultancy project, cut into the company's earnings.
On the back of the profit warning, Eddie Stobart said its leadership team has started a "wide-ranging review" into its operations and financial performance.
