Brief: Panostaja Says During Q3 Noticed Signs Of Slowing Financial Activity In Development Of Operating Environment

Panostaja Oyj

01/09/2023 08:06

Sept 1 (Reuters) - Panostaja Oyj  PNA1V.HE :
    * DURING Q3, WE NOTICED SIGNS OF SLOWING FINANCIAL ACTIVITY
IN
DEVELOPMENT OF OUR OPERATING ENVIRONMENT AS WELL AS INDICATIONS
OF INCREASED CAUTION WITH REGARD TO PROCUREMENT DECISIONS AMONG
CUSTOMERS
    * FOR OUR LARGEST SEGMENT GRANO, MARKET SITUATION
DETERIORATED IN
SUMMER FOLLOWING A FAVORABLE FIRST HALF OF YEAR
    * MARKET ENVIRONMENT HAS BEEN SOMEWHAT MORE CHALLENGING THAN
BEFORE FOR OUR OTHER SEGMENTS AS WELL, SINCE COMPANIES ARE NOW
MORE CAREFUL ABOUT INVESTMENT DECISIONS AND PURCHASING POWER OF
CONSUMERS HAS WEAKENED

Source text for Eikon:  ID:nGNE8QqWN7 
Further company coverage:  PNA1V.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))