on Schlatter Industries AG (isin : CH0002277314)
Schlatter Industries AG Faces Challenges in First Half of 2024
Delayed commissioning of systems for reinforcing wire mesh production is causing higher costs and potential penalties for Schlatter Industries AG. Provisions in the low single-digit million range are being recognized, impacting the operating result for the first half of 2024. Despite these challenges, Schlatter expects a positive operating result (EBIT).
Order intake in the first half of the year progressed as planned, ensuring full utilization for the second half of the year. The company aims to continue the positive earnings performance of the previous financial year. Further details and financial figures will be provided in the half-year report scheduled for publication on August 16, 2024.
R. H.
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