Xchanging PLC - the international provider of business process, technology and procurement services - saw the value of its shares drop on Thursday. The drop is most likely due to the dramatic decline in profits that the company experienced in 2014.

It is thought that the regulator review into Xchanging's Agencyport Europe acquisition had the biggest impact on the company's profits last year. The prolonged operations revamp allegedly caused revenue to drop by over 20 per cent.

The company reported revenue of £573.5 million in 2014, down from £685.9 million in 2013, causing pretax profits to drop by £45.8 million.

Xchanging has since predicted renewed profit growth in 2015, now that its business transformation process is finally complete. If this is the case, it is hoped that Xchanging shares will return to their originally value around the time of 2016.

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(All facts and figures were adopted from this article.)