Liqui Moly executives apologise after major difficulties with new software: Turnover down 0.8 per cent, earnings down 30 per cent

摘要

"The introduction of new company software in January has turned Liqui Moly into a permanent building site," according to a published apology from company officials. The system that was supposed to simplify processes and reduce costs for the oil and additive specialist, has had the opposite effect and negatively affected the half-year results. "If we were listed on the stock exchange, I would have to issue a profit warning," said CEO Ernst Prost.