Interim Financial Report January – March 2020
The first quarter of the year started a bit better than our expectations. Demand in January and February was at a slightly higher level than the last quarter of 2019. However, this abruptly changed as the pandemic Covid-19 came into full force and lead to halted production at our major customers in the commercial vehicle and passenger car segments towards the end of March. Our focus has been to secure the health and safety of our employees and partners. We are also safeguarding the production in order to be able to deliver when and where our customers have demands. The outbreak of the