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ElvalHalcor: Tariffs 'Shadow' Second Half

By Staff
ElvalHalcor: Tariffs 'Shadow' Second Half
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ElvalHalcor warns of complications in the second half of the year due to rising tariffs and geopolitical tensions. The Group's CFO, Angelos Yazitzoglou, stated that disruptions in international trade and rising raw material prices are creating an uncertain environment.

Washington's decision to increase tariffs on aluminum and copper from 25% to 50% is a major concern. The company seeks to offset losses in the US with sales in other markets.

Mr. Yazitzoglou avoided making specific estimates for the year's performance, emphasizing the need for vigilance and taking measures to mitigate risks.

ElvalHalcor: Tariffs 'Shadow' Second Half | Hellenic.News