Legal Proceedings And CostsCSE announced arbitration proceedings between its US subsidiary, Hankin, and its customer, involving losses from construction project delays in the US.
Order Wins And Segment Performance3Q24 order wins were 38% lower year-on-year, primarily due to fewer order wins in the electrification segment.
Project Execution RisksDue to the nature of CSE’s project-based business, CSE bears execution risk of project cost overruns or delays that can impact its margins and profitability.