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03Sep92 UK: BROKER PREDICTS MORE DIVIDEND CUTS TO COME.

The interim company results season, which starts this week, may bring further gloomy news of land write-downs and provisions, deteriorating gearing and cashflow and more dividend cuts, according to broker Nikko Europe.News of exceptional restructuring or redundancy or closure costs, similar to those announced by Hepworth and Marley, are also expected.The broker says dividend cuts are most probably at Mowlem, Ibstock Johnsen, Amec, Barratt, Blue Circle, Taylor Woodrow and Tarmac.But ...

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