Brief: SAF HOLLAND Adjust Production In Its Global Production Network

Saf-Holland Se

30/03/2020 09:36

March 30 (Reuters) - SAF HOLLAND SE  SFQN.DE :
    * ADJUSTS PRODUCTION SITE SPECIFIC TAKING INTO ACCOUNT THE
RESPECTIVE REQUIREMENTS
    * SERVICE AND SUPPLY OF SPARE PARTS GUARANTEED
    * PACKAGE OF MEASURES TO SECURE JOBS APPROVED
    * PRODUCTION UNTIL END OF MARCH GENERALLY AS PLANNED
    * DURATION AND EXTENT OF PRODUCTION CUTBACKS WILL BE
ADJUSTED
FLEXIBLY TO STATUS OF SUPPLY CHAINS AND SALES MARKETS
    * SITUATION AT CHINESE LOCATION IN YANGZHOU HAS GENERALLY
RETURNED
TO NORMAL
    * MEASURES RANGE FROM INTRODUCTION OF PARTIAL SHORT TIME
WORK IN
GERMANY TO TEMPORARY SITE CLOSURES - LARGELY BY OFFICIAL ORDER
    * ADJUSTMENTS AFFECT TWO GERMAN PLANTS IN BESSENBACH AND
SINGEN AS
WELL AS PRODUCTION AND ASSEMBLY PLANTS IN TURKEY, ITALY, BRAZIL,
INDIA AND SOUTH AFRICA AS WELL AS SOME SALES COMPANIES
    * SITUATION AT CHINESE LOCATION IN YANGZHOU HAS GENERALLY
RETURNED
TO NORMAL

Source text for Eikon:  ID:nEQ24c3f0a 
Further company coverage:  SFQN.DE 

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