CSE Global new orders down 21.7% YoY in Q3
The automation segment saw the sharpest decline, falling 52.1% to $22.9m.
CSE Global recorded $146.1m in new orders for the third quarter ended 30 September 2025, marking a 21.7% year-on-year (YoY) decrease.
The group's total order book stood at $467.5m.
The communications segment was the only one to post a YoY increase in new orders, rising 24.2% to $75.2m.
In contrast, the electrification segment's new orders dropped 38.7% to $48m whilst the automation segment saw the sharpest decline, falling 52.1% to $22.9m.
The company noted that on a constant currency basis and excluding two major contracts worth $38.4m secured in Q3 2024, the group's order intake would have increased by 2.7% YoY.