Absolent’s Q4 numbers are well in line with Redeye’s expectations on Group level in terms of sales and earnings. The fourth quarter saw some recovery in the important European market for business segment Industrials. APAC and Americas are showing continued good growth. However, Commercial Kitchen still has some tough headwinds, which are expected to continue near-term. Management remains cautious in its short-term outlook, although they have seen “some positive tendencies compared to the third quarter of the year”.

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