EQS-News: voestalpine AG: Economic slowdown impacts voestalpine earnings for Q3 2023/24
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Mittwoch, Februar 7, 2024
The tool manufacturing segment in particular saw a decline in demand in the second and third quarters of 2023/24.
Key Points:
- The tool manufacturing segment in particular saw a decline in demand in the second and third quarters of 2023/24.
- “The expected economic downturn was clearly noticeable in the first nine months of the current business year.
- However, voestalpine is in a strong position overall due to its broad focus in various market segments and economic regions.
- Although the voestalpine Group’s performance is solid overall, the expected economic downturn is clearly noticeable in some areas.