Aperam S.A. / Key word(s): Statement
Aperam takes additional actions in context of COVID-19
19-March-2020 / 07:00 CET/CEST
Luxembourg March 19, 2020 (7:00 CET) - In the context of the coronavirus
(COVID-19) outbeak, Aperam announces additional actions to protect its
employees and contractors.
The health and safety of all the people who work for and with Aperam is our
top priority. We are closely monitoring the country and technical guidance
for COVID-19 issued by the World Health Organization and national
governments and accordingly implement all necessary actions to protect our
stakeholders, and stop the community spread of this pandemic.
Following stringent measures introduced by several governments in terms of
health and safety, hygiene, border closures which are heavily impairing our
ability to continue receiving supplies and production, we have decided in
coordination with our social partners to temporarily pause production at
some of our European production lines where deemed necessary. Such measures
are expected to take a few days to implement depending on the operations. We
will also continue to maximise homeworking wherever possible.
The restart and the further output level will be adapted in line with future
measures ordered by authorities, the related impact on our workforce and the
production situation of our customers. Our flexible multi-plant production
set up will minimize the impact for customers. All our service centers
continue to work normal at the moment.
We will continue to monitor the situation carefully and remain fully
committed to adapt our actions in the best interest of our stakeholders.
About Aperam
Aperam is a global player in stainless, electrical and specialty steel, with
customers in over 40 countries. The business is organised in three primary
operating segments: Stainless & Electrical Steel, Services & Solutions and
Alloys & Specialties.
Aperam has a flat Stainless and Electrical steel capacity of 2.5 million
tonnes in Brazil and Europe and is a leader in high value specialty
products. In addition to its industrial network, spread over six production
facilities in Brazil, Belgium and France, Aperam has a highly integrated
distribution, processing and services network and a unique capability to
produce stainless and special steels from low cost biomass (charcoal made
from its own FSC-certified forestry).
In 2019, Aperam had sales of EUR 4,240 million and steel shipments of 1.79
million tonnes.
For further information, please refer to our website at www.aperam.com
Contact
Corporate Communications / Laurent Beauloye: +352 27 36 27 103
Investor Relations / Thorsten Zimmermann: +352 27 36 67 304
Dissemination of a Financial Wire News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
1001315 19-March-2020 CET/CEST
(END) Dow Jones Newswires
March 19, 2020 02:00 ET (06:00 GMT)
