Alcatel-Lucent (ALU) sinks 12% in French trading after issuing a profit warning. It expects Q2...

|By:, SA News Editor

Alcatel-Lucent (ALU) sinks 12% in French trading after issuing a profit warning. It expects Q2 adjusted operating income to be a loss of around €40M ($49M), with revenues above €3.5B, reflecting "good sequential" sales growth in all regions and units, but a slower-than-expected business mix improvement.