Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
And notably, we're experiencing some transitory destocking by customers.
And the worst kind of one-off of the destocking and missing the price point has been resolved by now.
And when you think about that, the destocking, is it really -- you noted that it was maybe a little bit more pronounced in North America.
As seasonal tailwinds through the summer months and industry-wide ‘General Rate Increases’ fade as well, expect a soft Q3 and Q4, underpinning the extended destocking cycle ) and Hapag-Lloyd management.
But all those elements are difficult to measure destocking consumer spend and all of those things.
But we expect some moderation based on the end of destocking in Europe, the improvement in Asia after the Lunar New Year, and then we're continuing to see the US hang in there as we move through the year.
Clearly, there has been a retailer destocking during the course of the year in the retail channel impacting Gardena.
Demand prospects seem uncertain, CMA CGM added, citing dealer inventory destocking in the United States as consumer purchasing power has come under pressure.
He adds that slowed end-user demand triggered a wave of destocking across the smartphone supply chain.
How you’re thinking about still like lingering destocking activity versus consumption?
In the aftermarket, as expected, we continue to see softening conditions driven by lower freight activity and continued destocking by customers.
In the euro zone, stocks of finished products hit records in August last year and destocking only started in May, based on latest euro-zone manufacturing data.
In the vials, yeah, there is, what we see at the moment, Q3, and you might also see this in Q4, a certain destocking effect.
Just want to make sure I understand, the destocking that you’re referring to, I think that probably is distribution, which would be a challenging mix if that’s your destock.
Markus, the destocking, I mean, this is always difficult because you have to rely on that customer tells normally have to go into their shops and look how many pallets are in there.
On the more challenging side, Gardena experienced continued destocking by our retail partners in the quarter also, and this leading to a minus 11% organic sales growth in the quarter.
So in the first-half of this year, we were up against a very, very tough comp. We've seen some destocking in both markets.
The company faced headwinds in the first quarter of 2023, with weaker demand due to inventory destocking and adverse market conditions.
The post-pandemic destocking wave has effectively dragged down both sales and profits.
Source: https://investorplace.com/2023/11/last-call-3-growth-stocks-to-buy-before-new-years-eve/
The situation in the United States and Europe showed a slight improvement from the year's start, with a 10% rise in polypropylene (P.P.) demand attributed to a destocking process that had previously impacted the sector's demand.