Green taxi plan fails to halt Tanfield slide
By Chris Tighe
Published: April 22 2008 22:56 | Last updated: April 22 2008 22:56
Electric vehicle manufacturer Tanfield Group saw its share price fall by 15½p or 13 per cent to 103p on Monday after its 2007 results fell short of analysts’ profit expectations.
The slide in the share price came in spite of chief executive Darren Kell’s assurance of an “extremely robust outlook for future performance” and news that the company has signed an agreement to produce a battery-powered, zero-emission London black taxi for Manganese Bronze.
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