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News 2026-09-17 09:26 UTC

Bilfinger Shares Fall 20% on Lowered Outlook, Job Cuts

By Aimee LookBilfinger's shares slumped after the company lowered its outlook for the year and said it would cut up to 1,500 jobs, with postponed customer investments expected to weigh on results.The stock was down 20% in European morning trade Thursday.The industrial services provider lowered its…