METS

Normet confirms solid growth year

Equipment maker warns of market slowdown

Staff reporter
Former Normet CEO Robin Lindahl selling the company's growth story

Former Normet CEO Robin Lindahl selling the company's growth story

"EBITDA is forecasted to be at the 2018 level - that is, 12-14%," Normet interim CEO Aaro Cantell said this week.

"The outlook for year 2019 is still positive, although the market growth is slowing down. We are in the process of scanning new growth areas to secure our renewal and future growth.

"Our aim is to identify and launch 2-4 of these growth initiatives during this year."

 

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