Current Report No.: 13/2020
Legal basis: Article 17 section 1 MAR – Inside information.
With reference to Current Report No. 5/2020 of 17 March 2020, in which the reduction of operations in the Automotive Segment was announced, the Management Board of Boryszew S.A. (“Issuer”) informs that on May 26, 2020 it adopted the initial operational schedule according to which the process of resuming production by the Automotive Segment companies in their factories is adapted to the current demand from the Segment’s customers.
Other companies of the Capital Group (Metals and Chemicals Segments) are beginning to feel the impact of the epidemic on their operating activities in the period from April 2020, in particular in terms of a decrease in demand for some of their products. There was no significant decrease in production capacity or breach or break of logistics chains in the processes carried out by the Group Companies.
The Issuer will communicate subsequent events and conditions that significantly affect the generated financial results, economic and liquidity situation.
Signatures:
Piotr Lisiecki – President of the Management Board
Translation from the original Polish version.
In the event of differences resulting from the translation, reference should be made to the official Polish version.