(MENAFN- Saudi Press Agency) LONDON Safar 12 1437 November 24 2015 SPA -- European shares fell to a one-week low on Tuesday with some disappointing updates from companies such as Zodiac Aerospace and Kingfisher putting pressure on the market Reuters reported.
Shares in Zodiac Aerospace slumped nearly 10 percent after the aerospace supplier posting a 44.6 percent drop in core annual earnings in the wake of production delays at its troubled aircraft seats division.
Kingfisher fell about 3 percent after Europe's largest home improvement retailer missed forecasts with a 6.6 percent fall in third-quarter profit.
Altice dropped 5 percent as Next Alt Patrick Drahi's personal holding said it wanted to exercise a right to sell 7.5 percent of Altice's shares.
The pan-European FTSEurofirst 300 index was down 0.9 percent at 1487.17 points by 0815 GMT after hitting a one-week low. It closed 0.3 percent lower in the previous session.
--SPA
12:05 LOCAL TIME 09:05 GMT
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