OXE Marine publishes first quarter results

OXE Marine AB - Order book by region

Swedish outboard engine maker OXE Marine discussed the impact of Covid-19 on the company’s results for the first quarter of 2020, ending March 31

OXE Marine reported that short term sales of its diesel outboard engines were impacted by the Covid-19 crisis during the first quarter of 2020, especially since mid-March, where customers requested deferral of orders.  At the same time, the company said its order book has increased by…

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