BMW Slashes Margin Outlook as 8,000 Job Cuts Bite Into Profits
BMW cut its 2025 margin guidance to between -0.5% and 0.5% as restructuring costs, 8,000 job cuts in Germany and a 22% slump in China sales hit third-quarter earnings.
Topic
Profit Warning
Topic
Profit Warning
Ibstock cuts profit outlook as UK brick demand falls 17%
Ibstock expects mid-£40m in full-year profits after a 22% sales miss and a fifth cut to production. UK brick volumes fell 17% as…
Vistry Slashes Profit Outlook as Half-Year Losses Balloon
Vistry Group cut its annual profit forecast as half-year losses ballooned on a £600m pile of unsold homes, prompting a retreat fr…