De'Longhi: update on COVID-19 outbreak, new governmental decree dated March 22nd
March 23, 2020 at 02:57 am EDT
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Treviso, March 23, 2020
PRESS RELEASE
De' Longhi S.p.A.
Update on COVID-19 outbreak:
new governmental decree dated March 22nd
In accordance with the latest governmental decree dated March 22nd, introducing stricter measures on industrial and production activities in the Italian territory, the De' Longhi Group informs that the production activities of the Italian factory have been stopped, while the factory's current warehousing and shipping activities will be completed and stopped within the date of March 25 (as required by article 1, par.4 of the decree).
The Chinese and Romanian plants, as well as all international logistic and distribution activities, are not affected by the above mentioned regulation and are operating business as usual.
As to the Italian headquarters, all managerial and corporate functions will continue to operate in smart-working mode, so as to support and coordinate the activities of the Group worldwide and to guarantee business continuity at best.
The Group will continue to closely monitor the situation and its implications for the dynamics of the markets and the consumers' demand, so as to identify all possible solutions to support and preserve the business in the next months, while waiting for the situation to be normalized.
De’Longhi S.p.A. published this content on 23 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2020 06:56:07 UTC
De' Longhi SpA is an Italy-based company which designs, produces and markets products for home and business comfort. It operates through three business segments: Europe, which consists of northeast and southwest Europe; MEIA, combines Middle East, India and Africa; APA, includes Asia, Pacific and America. Each segment is responsible for all aspects of the Groupâs brands within the different markets its services. The Company focuses on domestic appliances with products for coffee machines, air cooling and treatment, portable heating, food preparation and cooking, domestic cleaning and ironing, which are distributed under the De'Longhi, Kenwood and Braun brands. Its product portfolio encompasses coffee makers, hand blenders, toasters, kettles, ironing systems, vacuum cleaners, air purifiers, humidifiers, dehumidifiers and portable heating appliances, among others. The Companyâs major shareholder is De Longhi Soparfi SA.