Carpetright Profit Drops 90% in First Half, Mail on Sunday Says

Carpetright Plc (CPR) will say this week that profit tumbled by 90 percent in the fiscal first half through October, the Mail on Sunday reported, without saying where it got the information.

Profit during the period dropped to about 1 million pounds ($1.6 million), the worst performance since the company listed on the London Stock Exchange in 1993, the newspaper said.

To contact the reporter on this story: Gavin Finch in London at gfinch@bloomberg.net

To contact the editor responsible for this story: Edward Evans at eevans3@bloomberg.net

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