Dave Lesar, chairman, president and chief executive officer said, "Overall market dynamics remained difficult in North America... Although I am more confident in our view of the international markets than I was last quarter, project deferrals together with pricing pressure, driven by our customers' desire to reduce input costs, cause us to continue to expect a softer near-term margin outlook for international markets."
Write to Chip Brian at cbrian@tradethetrend.com
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