STOCKS NEWS EUROPE-Gerresheimer seen down; lower profit

Shares in Gerresheimer (GXIG.DE), a German company that makes packaging for the drug industry, are indicated 3 percent lower, after the company lowers its 2009 outlook for its adjusted margin for earnings before interest, tax, depreciation and amortisation (EBITDA).

"Some analysts already expected a warning. Thus negative effect may be limited," a local trader says.

The company now expects the adjusted EBITDA margin to be between 18.0-18.5 percent, down from a previous estimate of 19.0-19.2 percent.

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Reuters Messaging rm://christoph.steitz.reuters.com@reuters.net