Audi cuts revenue forecast as profit falls and China sales weaken Audi cuts revenue forecast to €58–63bn and lowers margin guidance after Q2 profit fell; company cites weak China demand, …
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Business
Audi lowers full-year revenue and margin forecasts after Q2 profit drop
by Leo Müllerby Leo MüllerAudi cuts 2026 revenue forecast as second-quarter profit falls and margins tighten Audi revenue forecast trimmed to €58–63bn; Q2 after-tax profit down 21% to €563m as China and US demand …
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Business
Alstom shares plunge 27% after margin cut and cash-flow warning
by Leo Müllerby Leo MüllerAlstom shares plunge after weak results, stock drops 27% as CEO unveils turnaround plan Alstom shares plunged after the trainmaker reported weaker-than-expected results, with the keyword Alstom underlining the company’s …