Brief: Concentric Still Sees End-Markets To Be Weaker During 2024

Concentric AB

08/05/2024 07:10

May 8 (Reuters) - Concentric AB  CONIC.ST :
    * OUR CUSTOMER'S DE-STOCKING ACTIVITIES DIMINISHED AS WE
PROGRESSED THROUGH Q1 OF 2024, WHILST UNDERLYING MARKET REMAINED
WEAK ACROSS MOST OF OUR END-MARKETS
    * WE CONTINUE TO ESTIMATE THAT OUR END-MARKETS WILL BE
WEAKER
DURING 2024
    * WE EXPECT NET SALES IN Q2 OF 2024 TO BE BROADLY SIMILAR TO
NET
SALES ACHIEVED IN Q1 OF 2024

Source text for Eikon:  ID:nWkr3mvJ6B 
Further company coverage:  CONIC.ST 

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