NX Filtration : Expectations reset in place yet difficulties persist
>Company has shuffled its deck & lowered expectations materially - With a recent sales warning, company has lowered its FY23 sales guidance from €10m-€14m to €8m while also expecting FY25 sales being excess of €16m. The company indicates that this is due to longer lead times required to convert pilot projects into large scale projects largely due to the current financing environment that negatively impacted its end customer capex plans as well as the ability of OEM’s ...
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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