Danieli annual sales down $20m as market shrinks again

摘要

Revenue from sales at equipment manufacturer and steelmakerDanieli fell by ?17 million ($19.95 million) for the year ended June 30,2017, while earnings went down by ?8.90 million over the sameperiod, the company has announced.The company also reduced the value of its order backlog by 10% to?2.53 billion for 2016/17, from ?2.81 billion for 2015/16, despite themarket for new plant shrinking by about one-third.