Sanctuary Struggles

Daily PostJune 29, 2005

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Summary


ENTERTAINMENT group Sanctuary was yesterday planning urgent action to revive its fortunes after record release delays prompted an 'unacceptable' profits collapse.

The group, whose portfolio of artists includes Elton John and Morrissey, posted first half losses ofpounds 2.2m against profits of pounds 3.8m last time and revealed debts were higher than it was comfortable with.

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Sanctuary Struggles

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