Kempower, which issued a profit warning, suffers from a difficult market situation as customers digest their high inventory levels, which were temporarily increased due to the post-pandemic component shortage creating unusually high demand. To defend profitability and cash flow, Kempower aims for significant cost savings in the short to medium term. Kempower’s CEO Tomi Ristimäki commented on the challenging start of the year in an interview with analyst Pauli Lohi. Topics:00:00 Introduction00:13 Difficult quarter01:09 Outlook for the end of the year01:44 Significant new customers02:30 Progress in the United States03:14 Price competition in the market04:14 Decline in sales margin04:42 Cost-saving measures

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