Brief: Fasadgruppen Expect Situation To Improve As New Construction Market Recovers

Fasadgruppen AB (publ)

15/08/2024 06:50

Aug 15 (Reuters) - Fasadgruppen Group AB (publ)  FG.ST :
    * DEMAND FOR RENOVATION SERVICES STABLE, BUT NUMBER OF
COMPETING
TENDERS FOR PROJECTS IS WELL ABOVE WHAT WE NORMALLY SEE, WHICH
BRINGS PRICE PRESSURE
    * EXPECT SITUATION TO IMPROVE AS NEW CONSTRUCTION MARKET
RECOVERS
AND WITH SEVERAL INTEREST RATE CUTS EXPECTED AHEAD

Source text for Eikon:  ID:nMFN31p6Qx 
Further company coverage:  FG.ST 

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