Aumann: Worst day ever after profit warning
11/07/2019 08:44
** Shares in German engineering group Aumann AAGG.DE slump
17% after the company has adjusted 2019 sales, EBIT forecasts
** It now expects FY EBIT guidance between EUR 16 mln - EUR
22 mln and revenues between EUR 240 mln and EUR 260 mln on the
back of a disappointing H1 order intake urn:newsml:reuters.com:*:nASP00148R
** Bankhaus Lampe says new EBIT forecast suggests 20%-40%
downside risk to consensus
** The broker sees the results as "another major
disappointment" with no improvement in Q2 order intake
((Berna.suleymanoglu@tr.com))