Good morning! It’s Paul here, I’ll be doing today’s report.There’s lots to cover, so this article will be gradually updated throughout the rest of the day.Let’s start with a profit warning.Blancco Technology (LON:BLTG)Share price: 158p (down 26.9% today)No. shares: 58.2mMarket cap: £92.0mQ3 Trading Update, Cash Flow Review and Funding – an ominous-sounding title for an RNS.This is a very unusual announcement. The first paragraph, surprisingly, says that everything is looking fine as regards the Pamp;L;Blancco announces that trading for the third quarter to 31 March 2017 (“Q3 2017”) has been strong.Group sales in the period were up 48% year-on-year on a constant currency basis, comprising 36% growth in erasure and 189% pro forma growth in diagnostics.In the first nine months of the year, Group sales increased 34% year-on-year in constant currencies, with erasure growth now at 26% and pro forma diagnostics growth at 137%.The outlook for full year 2017 sales and adjusted operating profit remains in line with market expectations.So why has the share price tanked then? It seems to be down to a shortfall in cashflow, as explained in paragraph…

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