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News Breaks
February 20, 2013
16:19 EDTPPOPolypore sees Q1 to be challenging
The company said, "While the first quarter will be challenging, the long-term demand drivers for our products remain unchanged and we expect to experience growth as 2013 progresses. In three of our businesses, the opportunities are more established and less variable over the short term: In the lead-acid separator business, we are focused on continued growth in Asia; and, in the healthcare and filtration businesses, we will grow our core applications while supporting the development of new applications beyond 2013. Within our lithium separator business, which can experience sizable short-term demand fluctuations, we will continue to monitor and adjust our manufacturing capacity and cost structure to meet near-term levels of demand. In consumer electronics, where we have long held a strong market position, we are well prepared to serve the market as sales recover. In EDV and emerging Energy Storage System applications, where we have the preferred products and technology, we have a step-change growth opportunity as these markets develop."
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