EQS-News: STEMMER IMAGING: expectedly challenging market environment in Q1 2024 - positive signals in order intake – Full-year forecast confirmed
As expected, the previously reported decline in demand in the prior quarters resulted in lower revenue in the first quarter.
- As expected, the previously reported decline in demand in the prior quarters resulted in lower revenue in the first quarter.
- STEMMER IMAGING’s operating cashflow again developed strongly at EUR 9.4 million (Q1 2023: EUR 5.5 million).
- Despite the still challenging market conditions, marked by temporary investment reluctance in significant end markets, the Executive Board expects a continued positive trend in order intake.
- The quarterly report of STEMMER IMAGING as of March 31, 2024 is digitally available on the company's website in the Investors section ( Investors - Financial reports | STEMMER IMAGING (stemmer-imaging.com) ).