Conviviality blames ‘material error’ for £5.2m drop in expected profit

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Conviviality Plc, owner of Bargain Booze, Bibendum PLB and Matthew Clark, has warned that a "material error" in its financial forecasts has meant that profit will be £5.2 million less than expected, with share prices plummeting by as much as 68% following the announcement.

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