123f cut FY25 guidance on weaker training segments, delayed simulator demand, and higher costs. Core business grows strongly; mid-term outlook intact with catch-up potential and efficiency gains.

29 Sep 2025
123f issues PW amid pending reform; chg.

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123f issues PW amid pending reform; chg.
123f cut FY25 guidance on weaker training segments, delayed simulator demand, and higher costs. Core business grows strongly; mid-term outlook intact with catch-up potential and efficiency gains.