Wavin N.V., leading supplier of plastic pipe systems and solutions in Europe, is facing the heat in Q1 2009 due to a pan-European decline in construction activity. Compared to Q1 2008, Wavin's Q1 20099 revenue decreased around 35% to approximately EUR 250 mln, according to the guidance provided on the company's website.
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Thursday, April 09, 2009
Europe's leading pipe supplier expects tough 2009 due to construction slowdown
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