Quickstep Says Major Customer Defers Orders

MT Newswires Live

2025/03/31

Quickstep Holdings (ASX:QHL) said that its major customer, Marand Precision Engineering, has deferred orders due to supply chain challenges and excess inventory, according to a March 28 filing with the Australian bourse.

The deferral will affect fiscal 2025 deliveries, with some orders pushed to the first quarter of fiscal 2026, the filing said.

The company is in discussions with Marand to minimize the impact of the delay, the filing added.

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