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Soon after three several years of “significant progress” Q1 2024 confirmed a decline of a lot more than 23% throughout all components and it is viewed to portend “a couple of demanding quarters,” said DMASS.
DMASS Europe’s chairman, Hermann Reiter, was eager to anxiety there isn't any induce for alarm, declaring that this current market consolidation was extended overdue. “Everybody must have prepared to weather conditions a few quarters of weak bookings and billings,” he claimed, including “It doesn't make sense to in excess of-respond with Expense-chopping now, when There exists a huge likely for Restoration across all sector segments and systems.
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