Online building materials retailer CMO Group has issued a warning over its annual earnings. The -headquartered business, announced its concerns citing "economic uncertainty" has a barrier in the construction and home repairs sector. The company, which claims to be the UK's larges online-only retailer of building materials, said orders ad been lower than usual at the end of 2023 as homeowners shifted towards less profitable smaller building and repair projects. As such, sales for the year are predicted to fall by 14% to approximately £71.5m. CMO however, has warned that underlying earnings are now expected to drop to roughly £1m,…
