Crystalate Plc, which warned in May that its recovery would slow in the second half (CI No 1,177), has stiffened its warning and now says that performance for the current period will be significantly below earlier expectations: the company blames a marked deteroriation in trading conditions for its three US businesses, and changes in ordering patterns for its UK Welwyn Electronics contract assembly business, although orders there are strong; the accentuated gloom was bad for a 16 pence fall in the Crystalate share price to 89 pence.
