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flag Morgan Advanced Materials shares fell 14% on weak sales outlook due to low semiconductor demand and economic headwinds.

flag Morgan Advanced Materials shares dropped nearly 14% after the UK firm warned of a 4% decline in 2025 sales and a projected 10% adjusted operating profit margin, down from 11.7% in 2024, citing weak semiconductor demand due to high customer inventories, deferred orders, and sluggish European industrial activity. flag The outlook, which follows a prior profit warning, reflects ongoing challenges from geopolitical tensions and currency fluctuations, despite modest Q3 revenue growth. flag The stock became the worst performer on the FTSE midcap index.

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