Brunel International falls on Q2 miss, guidance cut

Brunel International NV

01/08/2025 10:47

** Shares in Brunel International BRUN.AS fall around 6% after the Dutch staffing group published Q2 results below expectations and cut its Q3 outlook

** Quarterly adjusted EBIT came in at 6.3 million euros ($7.18 million), below ING forecast of 7.3 million euros

** The broker says that despite its "caution", results were weaker than anticipated, and points to underperformance in Germany, Austria and Switzerland region, project delay, among others

** It adds that the Q3 outlook indicates a similar y/y decline as Q2, weaker than expected

** If losses hold, the stock will see its biggest one-day fall since May 9

($1 = 0.8771 euros)

 (Reporting by Olivier Cherfan)

 ((olivier.cherfan@thomsonreuters.com))