DGAP-News: Villeroy & Boch AG: Statement on the war in Ukraine

DGAP-News: Villeroy & Boch AG / Key word(s): Miscellaneous
Villeroy & Boch AG: Statement on the war in Ukraine

07.03.2022 / 13:33
The issuer is solely responsible for the content of this announcement.

Villeroy & Boch is deeply upset by the war in Ukraine and condemns the bellicose actions of the Russian government. Our concern and solidarity are with our employees, business partners and all people in Ukraine. The top priority now is the protection and safety of our employees in the region, and we are supporting them and their families to the utmost. We are in contact with our local employees and key customers and hope for a peaceful solution to the conflict in the near future.

There is currently an order freeze for Russia, Belarus and Ukraine (< 3 % share of sales). Villeroy & Boch is suspending business here until further notice and will reassess the situation as soon as the situation permits. We have also cancelled our participation in the Russian "Mosbuild" trade fair. Villeroy & Boch does not operate any production facilities in Ukraine or Russia.

We do not currently see any supply bottlenecks for raw materials that are explicitly attributable to the war in Ukraine. We are particularly concerned and worried about energy supply and increased energy and raw material prices. We obtain our gas supply from our national suppliers and network operators, not directly from Russia.


For further information please contact:
Katrin May
Head of PR
Tel.: + 49 (0) 68 64 - 81 27 14
E-Mail: may.katrin@villeroy-boch.com



 

07.03.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English Company: Villeroy & Boch AG Saaruferstraße 1-3 66693 Mettlach Germany Phone: +49 (0)6864 81-0 E-mail: information@villeroy-boch.com Internet: www.villeroy-boch.de ISIN: DE0007657231, DE0007657207 WKN: 765723 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1296165
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1296165  07.03.2022