Interim Financial Report H1 2023: H+H lowers financial outlook. Using the current environment to strengthen the company
Company Announcement No. 540, 2023 15 August 2023CHIEF EXECUTIVE OFFICER JÖRG BRINKMANN QUOTE “Despite a positive trend in Q2, we are trending behind our volume expectations in CWE and UK in July and August. On top of this, we are starting to see higher price competition in Germany. Consequently, our organic growth will be negatively impacted in H2, changing our guidance. We are using the current environment to improve our operations for the long-term. We are proactively driving the efficiency of our plant network by shifting volumes to higher efficient plants and increase their