Interim Financial Report Q3 2023: H+H narrows financial outlook for full-year 2023 and taking further steps to align production with current market demand
Company announcement No. 546, 2023CHIEF EXECUTIVE OFFICER JORG BRINKMANN QUOTE “Our quarterly result is in line with our expectations. Our focus on the business improvement program continues and I am pleased to see first effects coming through, however, we are also impacted by higher energy costs. In light of expected low building activity in the mid-term we have decided to pause production in four factories across our footprint. This will allow us to increase efficiency of the remaining plants, while maintaining a flexible approach to restarting production when market conditions improve.