We would like to share with you our assessment of possible impairments due to the spread of the Coronavirus (CoVid19) based on the current situation. .
From a human and business point of view, we see the spread of the virus with concern, compassion, and caution. Unfortunately, we, too, cannot estimate how far-reaching the consequences will be or how long the spread will go on.
Currently, our suppliers are not affected by production interruptions. In addition, we have a very large and well-stocked stock of raw materials, so it is not expected that delivery problems could occur in the short term. However, we simply need to prepare ourselves for deterioration or delays, especially in the transport of goods, which could be due to border controls and an increase in the volume of traffic. The overall situation does not affect our deliveries, but we cannot completely rule out possible delivery difficulties in the future. We also quote you to tell us as soon as possible your potential need to secure the raw materials on time, even if the situation gets worse.
Of course, we continue to closely monitor the situation and information surrounding the virus. We will inform you immediately if the situation affects our production and/or ability to deliver.
Thank you for your understanding.