The Group is coordinating its teams globally, regionally and locally to ensure business continuity and is fully focused on the following key elements:
Ensuring the health & safety of all its employees worldwide and implementing measures and protocols as per government directives; Ensuring that customers' needs are fulfilled to the best of its abilities and leveraging its global supply chain and service organizations to ensure business continuity and flexibility; Continuing to focus on cash generation to further strengthen its strong financial liquidity and balance sheet; Implementing strict cost management measures and acceleration of previously announced efficiency plans with further cost actions under review; At this stage and given the evolving landscape, it is too early to determine the full impacts on Group results, including possible benefits from government actions. Therefore, the 2020 guidance issued on
Commenting on the current situation,
Regulatory Information
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