profit warning – Charm

Renault shares tumble on profit warning as interim CEO named

By Dominique Patton (Reuters) -Shares in Renault plunged as much as 18% on Wednesday after the French automaker surprised investors with a profit warning just a month after CEO Luca de Meo announced his departure. The company said late on Tuesday that June sales volumes were weaker than expected and it was now aiming for…

UK’s Bytes Tech plunges 27% after profit warning

Cs news8 months ago8 months ago03 mins

Shares of UK’s Bytes Technology plunged over 27% on Wednesday after the IT firm said its operating profit for the first half of fiscal 2026 would be marginally lower due to delayed customer payments and longer-than-expected readjustments from internal restructuring. Trading in the first few months of the year was hurt by macroeconomic pressures, leading…