Brief: NCAB Q2 Net Sales, Order Intake Impacted By Customer Inventory Adjustments, Lower Prices

NCAB AB (publ)

21/07/2023 06:22

July 21 (Reuters) - NCAB Group AB (publ)  NCAB.ST :
    * BOTH NET SALES AND ORDER INTAKE WERE NEGATIVELY IMPACTED
BY
CUSTOMERS' INVENTORY ADJUSTMENTS AND LOWER PRICES
    * IN USD, NET SALES DECREASED 12%.
    * LOWER PRICES DURING THIS YEAR HAD A CLEARLY NEGATIVE
IMPACT ON
ORDER INTAKE AND NET SALES
    * REASON FOR LOWER PRICES WAS LOW CAPACITY UTILISATION AT
MANUFACTURERS.

Source text for Eikon:  ID:nMFN44rYGr 
Further company coverage:  NCAB.ST 

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