Brief: Granges Says Market Demand Is Weaker Than Last Year

Granges AB

26/10/2023 06:42

Oct 26 (Reuters) - Granges AB  GRANG.ST :
    * MARKET DEMAND IS WEAKER THAN LAST YEAR, BUT REMAINS HARD
TO
PREDICT, ESPECIALLY CONCERNING TIMING OF DOWNSTREAM INVENTORY
REDUCTION
    * SOFTER DEMAND ALSO PUTS PRESSURE ON MARKET PRICING
    * OUR AMBITION TO INCREASE MARKET SHARE AND PROTECT MARGINS
REMAINS UNCHANGED
    * WE EXPECT SALES VOLUME IN Q4 ROUGHLY IN LINE WITH SAME
QUARTER
2022

Source text for Eikon:  ID:nMFNbcnVpd 
Further company coverage:  GRANG.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))