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13 Mar
15:03

Headwinds hit S+B towards the end of 2018

The Schmolz+Bickenbach group was hurt by weakening market dynamics in the fourth quarter of 2018. Its ceo, Clemens Iller, concedes that there were “… strong headwinds in the final quarter,” but maintains that despite these, “… we achieved most of our targets” for the year. He remains moderately optimistic for the current year. Demand from the automotive industry in particular declined sharply towards the end of the final qua…
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