Challenging Operating LandscapeFrencken expects the near-term operating landscape to stay challenging due to the potential fallout on global trade and market demand, supply chain disruptions, inflation, and foreign currency market volatility.
Geopolitical TensionsManagement guided that the volatile geopolitical tensions continue to cast uncertainties on the outlook of the global economy, as the prolonged unpredictability of tariffs weighs on business confidence and investment decisions.
Soft Demand In EuropeThe pace of recovery at mechatronics in Asia may be insufficient to fully offset the short-term market softness of the analytical life sciences business in Europe.