Dowlais Group PLC on Tuesday cited foreign exchange headwinds and weakness in its ePowertrain business as it reported a drop in revenue in the first four months of 2024.
Shares in Dowlais fell 5.8%.
Dowlais cuts guidance over EV manufacturing uncertainty proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
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Dowlais Group plc provides a trading update, showing resilience in the Automotive sector despite market challenges. CEO Liam Butterworth remains confident in achieving growth.