Brief: Rational Expects Order Backlog To Be Further Reduced In Q2
04/05/2023 06:02
May 4 (Reuters) - RATIONAL AG RAAG.DE :
* SALES REVENUES UP 25 PERCENT IN THE FIRST QUARTER
* FORECAST FOR 2023 CONFIRMED
* EXPECTS ORDER BACKLOG TO BE FURTHER REDUCED IN Q2 AND
ANTICIPATES THAT CUSTOMER ORDERING BEHAVIOUR WILL NORMALISE
* EXPECT THIS BALANCE TO RETURN IN Q3
* EXPECT SALES REVENUES IN SUBSEQUENT QUARTERS TO BE ROUGHLY
AT
SAME LEVEL AS IN Q1
Source text for Eikon: ID:nEQTwbKha
Further company coverage: RAAG.DE
(Gdansk Newsroom)
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