Engcon flags France 'total catastrophe' as order losses hit double digits

Swedish tiltrotator maker Engcon reported double-digit order losses, with CEO Stig Engström singling out France as a 'total catastrophe' while domestic demand remains strong. The comment signals a sharp deterioration in French construction/industrial demand, likely tied to broader European weakness. The market impact is company-specific but may hint at softer European capex trends.

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