Brief: Engcon Says Component Shortages Less Significant

Engcon AB

28/04/2023 07:12

April 28 (Reuters) - Engcon AB  ENGCONb.ST :
    * OUR LEAD TIMES HAVE NOW RETURNED TO NORMAL AND THE
COMPONENT
SHORTAGES ARE NOT AS SIGNIFICANT
    * OUR ASSESSMENT IS THAT QUARTERS AHEAD MAY BE CHARACTERISED
BY A
LOWER ORDER INTAKE AS A RESULT OF GLOBAL UNCERTAINTY
    * IN Q1 FULL IMPACT OF PRICE INCREASES IMPLEMENTED IN 2022
COMBINED WITH STABILISED MATERIAL COSTS GENERATED A STRONG GROSS
MARGIN

Source text for Eikon:  ID:nMFN7Nn4XT 
Further company coverage:  ENGCONb.ST 

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