The outbreak of the corona pandemic has resulted in massive economic disruptions worldwide, a collapse of automotive production and a threat to global supply chains. All of the automotive manufacturers that the company supply directly have temporarily suspended their production. As a consequence, the company will scale back its production in Oberkirch significantly and adjust the capacity at the company's subsidiaries to the respective local market conditions. In light of this situation, the Management Board of the Company decided to withdraw the forecast for the 2020 fiscal year published on February 25, 2020. Previously, the PWO Group had expected revenues of around EUR 450 million, EBIT before currency effects in the range of EUR 19 to 20 million and clearly positive free cash flow that would have resulted in a further improvement in the equity ratio and the dynamic leverage ratio compared to 2019.