Construction equipment industry in difficult waters!
The situation is paradoxical. The high order backlog in the construction machinery industry as well as in the building material plant industry belies the situation. Despite this good situation, some companies are on short-time work because of a lack of material and preliminary products. Whether they will be able to work off the orders in the coming months is completely unclear. Additional demand stimuli are hardly in sight so far. Therefore, flexible framework conditions are imperative to be able to manoeuvre through these uncertain waters.
In the medium term, the outlook remains positive because most customer industries will continue to grow in the future. However, there will be a slowing effect due to the increased public debt in many countries as a result of the pandemic and the Ukraine war.