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Electronics Production | January 22, 2009

Jabil affected by economic conditions

The EMS-provider Jabil is affected by the general downturn in the global economic situation and sees a negative impact on the result of operations.

This is mainly attributed to a slowdown of customer demand. Especially the USA, as well as some countries in Europe and Asia experiencing a decline in gross domestic product, said Marketwatch.These economic conditions are expected to continue their negative affect on Jabil's operations for a least the next few fiscal quarters, if not longer.
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