XTRA:AMV0Auto Components
Aumovio Restructuring And Cost Cuts Support Margin Goals And Valuation Discount
Aumovio is pushing ahead with transformation and cost saving programs, including restructuring and cuts to R&D.
The company maintains confidence in reaching EBIT margins at the upper end of its guidance.
Management is working through challenging regional sales while keeping a healthy project pipeline in focus.
Aumovio (XTRA:AMV0) is in a key transition phase, with management tightening costs and reshaping the business while sales conditions remain uneven across regions. The shares most...