The hit was harder than expected with postponements of contracts and slower activity. While management expects a gradual recovery in H2 and a “more normal 2021”, a cost savings programme has been launched to offset part of the postponements this year.
29 Jul 2020
Q2: postponements alter backlog execution
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Q2: postponements alter backlog execution
The hit was harder than expected with postponements of contracts and slower activity. While management expects a gradual recovery in H2 and a “more normal 2021”, a cost savings programme has been launched to offset part of the postponements this year.