Leeds Group warns over closure impact on results

AIM-listed Leeds Group (LON:LDSG) has had its share price plummet by 17.78% to 18.50p (as of 14:05 GMT) after the German government extended COVID trading restrictions. Some of the firm businesses in the country have been able to operate at reduced levels but other segments have been fully closed.

Management are taking measures to mitigate the reduction in sales and have appealed for government support, but believe that there will be a negative impact on results for the year.