Swedish energy technology firm Climeon saw its second-quarter sales fall to just SEK 0.4 million with no new orders, as weakness in its marine segment offset growing industrial interest in Europe.
Chinese memory chipmaker ChangXin Memory Technologies (CXMT) is set to raise 29.5 billion yuan ($4.35 billion) in Asia's largest IPO this year, according to a Reuters report. The listing comes amid reports of potential interest from Apple for its DRAM chips.
Dometic reported a 5% decline in second-quarter sales and a significant miss on operating profit, as weak demand in its core recreational vehicle and marine markets continues to pressure performance.
The Swedish supply chain firm posted a double-digit revenue increase to SEK 2.27 billion and higher earnings per share, citing a favorable product mix and strong demand from the energy and defense sectors.
