Neways Reports Q1 Revenue Down Over 4%
Published: 17 April 2020
by Chelsey Drysdale
EINDHOVEN, THE NETHERLANDS – Neways Electronics reported first quarter net revenue of €127.2 million (US$138.3 million), down 4.3% year-over-year.
The EMS company said orders in the first quarter were slightly down at €118.6 million.
Revenue is expected to be lower in the first half of 2020 as a result of the Covid-19 pandemic.
Ed.: €1 = US$1.09
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