SIG Group's stock hits record low after profit warning

SIG AG

19/09/2025 13:04

** Shares of German packaging company SIG Group SIGNC.S are extending their losses at -7% in Zurich stock exchange as they hit their record low price of CHF 8.71

** Company's shares closed at -24.76% on Thursday after it issued a profit warning and proposed to pause the cash dividend for FY 2025

** Deutsche Bank cut the co's target price to CHF 20 from CHF 26, Jefferies also cut it to CHF 12 from CHF 18.8

 (Reporting by Emanuele Berro)

 ((emanuele.berro@thomsonreuters.com))