OUTLOOK

Stock market announcement 31 March 2020

SBS Group had a good start of 2020. The results for the first two months were as expected, and at present the trend seems to have continued in March with stable production, delivery and operation as well as a satisfactory order book.

However, as a result of the global outbreak of corona virus, revenue and earnings for the period March to December 2020 are associated with great uncertainty. Due to the restrictions implemented on the markets, SBS is unable to quantify the impacts of the corona virus for the time being. But as soon as the suppliers’ and customers’ response to the virus can be quantified, SBS Group will submit its expectations for 2020.