Friday, December 9, 2022

V-Zug struggles with supply chain problems

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With a view to the medium-term goals, the company is optimistic, “as soon as the situation in the procurement markets has stabilized”.

Bottlenecks in the supply chains and rising procurement costs will initially have a negative impact on sales and operating profit, despite persistently high demand, as the company announced on Monday. From the end of March, the situation in the supply chains unexpectedly deteriorated significantly, also in connection with the strict Covid lockdown in the greater Shanghai area.

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