Brief: Arcticzymes Sees Pressure On Sales In Q4

Arcticzymes Technologies ASA

02/11/2023 06:06

Nov 2 (Reuters) - Arcticzymes Technologies ASA  AZT.OL :
    * CURRENT MACROECONOMIC ENVIRONMENT CONTINUES TO BE
CHALLENGING
AND IS ALSO IMPACTING SALES IN Q3
    * Q3 REVENUES WERE BETTER THAN Q2 AS WELL AS Q3 LAST YEAR,
WHICH
IS VIEWED AS POSITIVE IN CURRENT CLIMATE WITH HEADWINDS THAT OUR
SECTOR IS EXPERIENCING
    * OUTLOOK FOR Q4 2023: FUNDAMENTAL BUSINESS IS STILL STRONG
BUT
HEADWINDS IN MARKET WILL CONTINUE THEREBY PUTTING PRESSURE ON
SALES
    * OUTLOOK: WILL LAUNCH SAN HQ GMP BEFORE END OF YEAR AND
UPTAKE IN
SALES IS EXPECTED TO COME FROM 2024 ONWARDS

Source text for Eikon:  ID:nWkrbJ91nC 
Further company coverage:  AZT.OL 

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