Symop, the union of production technology companies, offers a quarterly business update on its main business lines.
The first signs of weakness observed in April are confirmed. Demand for investment goods is declining in the domestic market but remains dynamic in exports.
Industrial measurement and balancing equipment
After a dynamic first quarter, the business remains well oriented as more than 90% of respondents recorded sales growth. Export business has recovered markedly. Stocks of finished products are considered normal. Supply delays have stabilized but remain incompressible.
Orders are up from the previous quarter and up sharply compared to the same period in 2011. The notebooks are filled.
Customers continue to have a good workload. The equipment is maintained and the demand for SAV is also increasing. There is no difficulty in settling, but the trend towards longer payment times is confirmed. Some companies have problems financing them, especially on large projects.
Forecasts for the coming months are geared towards a stable business.
Find out more: www.symop.com