Brief: Hexatronic Group Expect Market To Remain Weak In Coming Quarters

Hexatronic AB

26/04/2024 06:11

April 26 (Reuters) - Hexatronic Group AB  HTRO.ST :
    * OUTLOOK: IN FIBER SOLUTIONS WE EXPECT MARKET TO REMAIN
WEAK IN
COMING QUARTERS AND THEN A GRADUAL INCREASE IN DEMAND IN LATTER
PART OF YEAR
    * OUTLOOK: IN HARSH ENVIRONMENT AND DATA CENTER WE EXPECT
MARKET
DEMAND TO REMAIN STRONG DURING REST OF YEAR AND BEYOND, MAINLY
DRIVEN BY INVESTMENTS IN DEFENSE, ENERGY AND AI
    * GROUP'S ORDER BOOK AT END OF Q1 CORRESPONDED TO JUST OVER
TWO
MONTHS OF SALES, WHICH IS UNCHANGED COMPARED TO END OF 2023

Source text for Eikon:  ID:nGNE1cC6N8 
Further company coverage:  HTRO.ST 

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