A major French industrial conglomerate has issued its second profit warning under new leadership, signaling deeper financial challenges than previously anticipated. The company has outlined a strategy to slash €2 billion in debt as part of broader restructuring efforts aimed at stabilizing its balance sheet. Executives acknowledge mounting pressures that have forced a reassessment of growth expectations and operational efficiency. Investors will be closely watching how the group executes its turnaround plan amid ongoing economic uncertainties.
French group also sets out plan to cut €2bn in debt in second major profit warning under new chief Martin Sion
