Drops as automotive slowdown hits Q4 order estimate

600

18/12/2019 12:00

** Shares of industrial laser maker  SIXH.L  dive ~25%, set
for their steepest 1-day fall in nearly 4 years
    ** Co says Q4 order intake expected to be significantly
below levels originally predicted, due to global automotive
slowdown 
    ** "Orders for Germany and the Far East, in particular,
suffering delays heavily influenced by the global automotive
slowdown" - 600 Group
    ** Sees FY results falling below board's previous
expectations  urn:newsml:reuters.com:*:nFWN28R129
    

 (Reporting by Safia Infant in Bengaluru)
 ((Safia.infant@tr.com))