UK's Pinewood Technologies tumbles after flagging lower FY26 EBITDA
25/03/2026 08:29
** Shares of Pinewood Technologies PINE.L down 12.5% at 206.5p ** Automotive technology provider says FY26 underlying EBITDA will be lower than market expectations due to delayed rollout of Pinewood.AI system into Marshall Motor Group ** Rollout now expected to commence H2 2026, previously expected Q1 2026 ** Stock down ~43% YTD (Reporting by Judes Joseph in Bengaluru) ((judes.joseph@thomsonreuters.com;))