The company said net profit for the year would only reach about e650 million, much lower than the e830-930 million originally forecast.
Sales are expected to climb from 5 to 10 percent, adjusted for currency effects.
In another cause for concern, sales for the group's golf division sank 18 percent in the second quarter, wiping out strong turnover for the
Group sales only grew 2 percent between April and June to e3.46 billion, despite the boost offered by the World Cup.
Shares in the company plunged 11.4 percent to e62.18 in morning trade on the
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