Stocks in Action: Bilfinger, RWE, Wacker Chemie, DEUTZ and AXA
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Stock 1.) Bilfinger - Industrial service provider suffers from Middle East crisis and lowers annual forecast, efficiency improvement program aims to enhance profitability, stock declines double digits! Significant declines were observed on Thursday at Bilfinger, after the industrial service provider announced a comprehensive cost-cutting program the evening before, having felt compelled to lower the annual forecast due to the prolonged Middle East conflict. Consequently, a revenue of €5.3 to €5.7 billion is now expected for 2026 (previously:...
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