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Swiss Chemicals Firm Ems Chemie Reports Shrinking Sales Due to Weak Demand

Oct 23, 2024, 5:28 a.m. ET

AsianFin -- Swiss chemicals firm Ems Chemie (EMSN.S) said on Wednesday its nine-month sales fell due to weak demand in China and Europe, and a strong Swiss franc, which appreciated as a safe haven currency.

The company kept its full-year guidance unchanged although it expects the weak market environment to continue in the fourth quarter, according to Reuters.

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