
Siemens Healthineers reported third-quarter sales and earnings that fell below expectations, primarily due to ongoing order delays in China. The company’s performance reflects broader challenges in the medical technology sector, exacerbated by sluggish demand in key markets. Similarly, Ametek, an industrial technology solutions provider, has cut its 2024 profit forecast as high borrowing costs and persistent inflation lead customers to postpone project expenses. Celanese, a specialty chemicals company, also revised its 2024 earnings forecast downward, citing weak demand across several sectors and production issues. Additionally, Mettler-Toledo International, a medical equipment maker, has forecasted third-quarter profits below estimates, indicating a slower-than-anticipated recovery in sales in China, its key market.
Medical equipment maker Mettler-Toledo International forecast third-quarter profit below estimates on Thursday, a sign of a weaker-than-expected recovery in sales in its key market China. https://t.co/Eh7otIP1C1 https://t.co/Eh7otIP1C1
🔵 METTLER-TOLEDO FORECAST DULL THIRD-QUARTER PROFIT ON WEAK CHINA DEMAND Full Story → https://t.co/1EWky9rHFG Medical equipment maker Mettler-Toledo International forecast third-quarter profit below estimates on Thursday, a sign of a weaker-than-expected recovery in sales in…
Celanese cuts 2024 profit forecast on sluggish demand, production snags https://t.co/1NMnNVmVpF https://t.co/Mn4i3Usvxv