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Technology / AI and automation

AMSTRAD DENIES CITY FEARS OF A FALL IN SALES

Alan Sugar seldom disappoints, and he has some pithy comments in response to that bearish note on Amstrad Plc from Phillips & Drew (CI No 699): It’s a free world and brokers can say what they like, but they have got it badly wrong – all sales are going to our forecasts and that’s what matters; if the City wants to write down our shares on what brokers say, that’s its own affair, but our results are what counts – there are no major hiccups or catastrophes at Amstrad, he said.

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CBR Staff Writer

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