Brief: Robit Expects Global Mining Industry Demand To Remain At Current Level In 2023

Robit Oyj

01/08/2023 14:57

Aug 1 (Reuters) - Robit Oyj  ROBIT.HE :
    * EXPECTS GLOBAL MINING INDUSTRY DEMAND TO REMAIN AT CURRENT
LEVEL.
    * SEES DEMAND IN CONSTRUCTION INDUSTRY AT  WEAKER LEVEL THAN
IN
2022 FOR LONGER THAN PREVIOUSLY ANTICIPATED, ESPECIALLY IN
EUROPE AND ASIA
    * WEAKENING MARKET IN CONSTRUCTION INDUSTRY, ESPECIALLY IN
EUROPE
AND ASIA IMPACTED FINANCIAL PERFORMANCE IN QUARTER
    * MARKET DEMAND IN MINING INDUSTRY REMAINED AT A GOOD LEVEL,
BUT
COMPANY WAS UNABLE TO COMPENSATE FOR LOST SALES IN RUSSIA FROM
OTHER MARKET AREAS
    * COMPANY'S NET SALES DECLINED IN ALL MARKET AREAS

Source text for Eikon:  ID:nGNE648y8H 
Further company coverage:  ROBIT.HE 

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