Andor (AIM:AND) great business but dont disappoint in the current market
Two major OEM customers in the Americas did not achieve forecast sales which resulted in a £3.0m shortfall in orders for Andor in the period. In the absence of a significant improvement in economic conditions, it looks unlikely that this deficit will be absorbed in the short term and as a result they now expect the second half performance will be less than originally projected.
The business as a whole looks in decent shape with…
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