23 May 2009

Loss expected by stamp dealer

5:32 am on 23 May 2009

Listed stamp collector and auctioneer Mowbray Collectors expects to make what it calls a modest annual loss.

The company says the loss is mainly due to poor trading at its Melbourne arm, and lower than expected results from some of its other operations which is due to the economic downturn.

Mowbray will issue its annual results on Thursday.