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13 Jun
14:37

SMS records significant increase in order, outlook positive

SMS Group boosted its order intake significantly again last year and even expects to increase incoming orders in 2023, the company says. The company’s order intake reached €4.6 billion ($4.97 billion) in 2022, up by 31.5% on-year, Kallanish notes. The main drivers of this strong growth were the green transformation of the steel and metals industry as well as robust economic activity in both India and the US, the enterprise claims. Sales also rose con…
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