Oboya's status update related to COVID-19
Oboya Horticulture Industries AB (”Oboya” eller Bolaget”) continous to adjust its operations due to the outbreak and spread of COVID-19. The Company has early taken proactive measures and is now seeing changes in demands for some product lines. In total, the situation is neutral to positive in profitability since Oboya has order intake of berry boxes with lids.Oboya’s production sites in China has experienced a lower order intake for their export to USA and continental Europe since mid March, about 30%. This is now gradually improving and we expect the market to return to normal level in 2-