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MS International Says Sees "Substantial Weakening" In Results In Short Term On Drop In Demand


Tuesday, 17 Sep 2019 

Sept 17 (Reuters) - MS International PLC ::TRADING STATEMENT AND ACQUISITION OF ARMADA JANSE.GIVEN THIS REDUCTION IN DEMAND, IN SHORT TERM CO EXPECT A SUBSTANTIAL WEAKENING IN COMPANY'S RESULTS.SEEING A PROGRESSIVE REDUCTION IN DEMAND FOR BOTH OUR PRODUCTS AND SERVICES.SEEING SIGNIFICANT SLOWDOWN AND DELAYS IN AWARDING OF UK DEFENCE RELATED CONTRACTS, FOLLOWING REQUESTS FOR TENDER SUBMISSIONS. 

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15 Oct 2019