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Bobst Communication on COVID-19 - Update #3

Tuesday, March 24, 2020

Press release from the issuing company

Temporary activity decrease of several production sites worldwide

Given the acceleration of the coronavirus (COVID-19) situation, recent decisions of local authorities, and to support our customers and employees, Bobst Group has taken additional measures. The decision is to focus on what matters most: respect of the safety recommendations in all countries, global employees’ health prevention, and business continuity for all customers support.

As a consequence, Bobst Group will put some factories at their lowest machine production level to focus on parts and services without compromising the security of our employees. The site of Bobst Lyon in France moved into its minimum production level as of Thursday, 19 March. The sites of Bobst Mex and Bobst Grenchen in Switzerland entered into their minimum production levels Friday, 20 March end of day. This measure will be valid for a minimum period of two weeks. The site of Bobst India will close until 31 March, based on government decisions. China is recovering and expected to be back to normal by mid-April.

We continue to closely monitor our Technical Service Centers country by country to ensure the business continuity of our customers to the highest level possible. We assess daily the evolution of the situation in all countries, and for all Bobst sites, and take the necessary measures.

Bobst Group has taken the necessary measures to manage this crisis and to ensure its liquidity.

Bobst Group SA, Mex, Switzerland

 

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