The company also said it had called off the planned sale of its Drinkmaster business after potential buyer interest waned when the unit lost some of the business it had with its largest customer,
In April, the company had predicted that earnings before interest, tax, depreciation and amortisation would be about
That would still be a 60% increase on the
It also warned about trading so far this year, although it is hopeful of a pickup.
"Trading in the first five months of the current financial year has been behind the same period last year due mainly to disappointing cash takings through the group's vending machines and the loss of business at Drinkmaster. However, franchise sales have been stronger than a year ago and the machine sales pipeline for the next few months is encouraging," it said in its statement.
It said exceptional costs for the year are expected to be
"Other exceptional costs of
"As the Board no longer has an acceptable offer for the business, it has decided that it is in the best interests of the company and shareholders as a whole to suspend the sale process," it said.
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