Duell reaffirms earnings guidance for the year 2023. The company updated the outlook and guidance for financial year 2023 on 17 May 2023. The market and business cycle continue to be weak and uncertain.

The continuing inflation and the overall economic environment have decreased consumer confidence. These factors will reduce predictability. Duell is adjusting its operating costs to meet lower-than-expected demand.

Duell will continue to execute its growth strategy despite uncertain market conditions. Duell expects net sales to be close to previous year's level.