In FRANKFURT story headlined "Germany's Duerr sinks into the red in H1", please read in first paragraph and throughout...Schenck AG...instead of...Schenk AG. (corrects spelling)
A corrected version follows.
FRANKFURT, Aug 21 (Reuters) - German automotive equipment supplier Duerr AG said on Wednesday it sank into the red in its first half year, weighed down by restructuring costs at its car assembly system making unit Carl Schenck AG.
Duerr posted a first half pre-tax loss of 15.6 million euros ($15.3 million), against a 12.2 million euros profit a year ago, on sales which slipped 1.2 percent to 877 million euros.
"The earnings situation was strongly marked by restructuring expenses, primarily in the Schenck Group, as well as in some Duerr companies in the United States," it said in a statement.
Schenck is shedding jobs to focus on measuring systems.
Duerr's weak results contrasted with stronger-than-expected second quarter performances by the major European carmakers, who have put the pressure on suppliers to reduce prices as they battle weak market conditions.
The company, whose business includes installing paint shops at car factories, said its incoming orders rose 16 percent to 1.173 billion euros in the first half and the beginning of the second half was showing a "lively pace" of orders.
But for the full year, the company said it expected earnings before restructuring expenses, sales, and incoming orders to be flat compared to the previous year.
"There could be additional risks if the the global economy declines further, among other things as a result of negative developments in the stock markets," Duerr said.
Shares in the company were unchanged at 19 euros by 0824 GMT. The stock fell five percent during trading on Tuesday.