Aumovio cuts full-year outlook, cites BMW dispute settlement
Aumovio cuts full-year outlook, cites BMW dispute settlement July 30 (Reuters) - German automotive supplier Aumovio AMV0n.DE cut its full-year outlook on Thursday, citing the impact of a settlement with BMW BMWG.DE relating to a past warranty case.
Aumovio now expects an adjusted operating profit margin of between 3.0% to 4.0% for the full year 2026, compared with a previously expected range of 3.5% to 5.0%.
Analysts polled by Vara had predicted a margin of 4.2% on average.
(Reporting by Amir Orusov; Editing by Susan Fenton)
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