In a research note, the bank said it reduced its full-year expectations for Aegis's pre-tax profits by 15% to £68m.
Aegis today released lower-than-expected results for the first half of the year, with pre-tax profits plummeting by 21.6% to £27.2m.
However, ABN Amro added a positive note, saying it expected a strong rebound from Aegis in 2002. It has an add recommendation on the group.
Aegis's share price fell to a new low yesterday of 84.5%, but was trading at 87p this afternoon.
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