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ATS Swings to Second-Quarter Loss and Withdraws Full-Year Targets

Customer order deferrals and cross-border trade friction weighed on operations, prompting ATS to scrap its full-year growth targets.

ATS

By Adriano MarcheseATS swung to a loss in its second quarter and scrapped its full-year growth targets as customer order deferrals and cross-border trade friction weighed on operations.For the three months ended Sept. 27, the Canadian industrial automation solutions and advanced manufacturing syste…

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