UPDATE 1-Finnish PKC cuts Q4 outlook, seeks job cuts

Newswire

* Q4 profit outlook slashed * Share sinks to 5-year lows (Adds details, analyst comment, share price) HELSINKI, Oct 31 (Reuters) - Finnish wiring maker PKC Group slashed its outlook for fourth-quarter profits and said it planned to cut jobs as demand for commercial vehicle wiring has dropped, sending its shares to five-year lows. "PKC Group's forecast for the last quarter is lowered ... operative profitability will decrease significantly in comparison to the same period a year ...

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