Scandal-hit Steinhoff says will suffer more in 2019
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JOHANNESBURG (Reuters) - Steinhoff International warned of the lingering damage from a massive accounting scandal after the South African retail group reported a 1.2 billion euro (£1 billion) annual loss, sending its volatile shares down 8 percent. Steinhoff first flagged holes in its accounts in December 2017 -- the warning shot for an accounting fraud since put at over $7 billion -- shocking investors that had backed its transformation from a small South African outfit to discount furniture..