Post an encouraging Q1 the Controls division has been impacted by the indirect effect of tariffs. Direct sales into the US are important but not overly significant at c. 10% of divisional sales and the controls themselves do not carry a tariff, but the products they are in do. This led to volatility in the market as Chinese OEMs have waited for greater visibility. This has impacted volumes during Q2 and, whilst showing some stabilisation, remain lower yoy. Zeus assume some of the lost sales are ....
