June 24, 2024 Delayed com­mis­sion­ing and threat of con­trac­tual penal­ties impact first half of 2024; order intake on target

S c h l i e r e n, June 24, 2024: Delayed com­mis­sion­ing of systems for the pro­duc­tion of rein­forc­ing wire mesh is leading to sig­nif­i­cantly higher costs and the threat of con­trac­tual penal­ties for the Schlatter Group. Schlatter is there­fore rec­og­niz­ing pro­vi­sions in the low single-digit million range.