The company has reportedly revised the start of contract cargoes from its Calcasieu Pass LNG plant to late 2024, extending a previous delay by almost a year.
Output dropped 0.2% from April to May 2023 as a decline in pharmaceuticals outweighed more vehicle manufacturing, according to the Wiesbaden-based statistics office.
By reducing its costs, the organization believes it'll remain on track for its earnings guidance from this quarter, which will see 2023 sales decline by 2% to 5%.
Spending rose by 1.3% from April 2023 to May 2023, according to a June 29 statement from the economy ministry, beating economists’ expectations of a 0.8% increase.
Despite the volume drop-off, the company behind Cheerios and Bisquick pancake mix increased its revenues through core business operations by 3% during the most recent quarter.
The latest news, analysis, trends and solutions regarding sales and operations planning (S&OP) and its impact on supply chain management. New technologies in S&OP are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using S&OP solutions for supply chain optimization.
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