Kährs is preparing and adapting its operations, with a focus on cost control and capacity adjustments in steps, to ensure continued low debt and a strong cash flow. The company cites general high rise in inflation and continuing rising interest rates which are affecting the consumer behavior negatively within the residential segment. The low consumer confidence continues to create challenges in demand in Europe moving forward, Kährs says. To adjust capacities and to introduce further efficiency programs to mitigate the effects of lower demand in 2023, Kährs has implemented a plan to lower the capacities ...
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