ÅF Pöyry Suffers from The Economic Conditions in Q3 2019

ÅF Pöyry Suffers from The Economic Conditions in Q3 2019

ÅF Pöyry’s revenue growth (yoy, at CC/CS) continued to decelerate this quarter, declining from +8% in Q1 to +1% in Q3 2019, despite the positive impact of an additional working day (+90 bps on revenue growth during the quarter). The company suffered from the same issues as in Q2: a slowdown in the automotive sector from its largest automotive client, (impacting Industrial & Digital Solutions Division) and delayed decision-making in the Infrastructure Division in Denmark.

Introducing Sweco

Introducing Sweco

The purpose of ERDservices.org is and remains the ER&D industry across embedded systems, mechanical engineering, digital offerings, and technical documentation. We are starting the coverage of a different type of vendor: Sweco in infrastructure and building engineering vendor headquartered

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