The coronavirus crisis is currently dominating public life and is having a major impact on economic development due to the measures that have been taken in many countries around the world. In an ad hoc disclosure on 20 March 2020, the Management Board of Villeroy & Boch AG revised the revenue and earnings forecast published in the 2019 annual report in response to the coronavirus pandemic and stated that revenue and earnings for the current financial year were now expected to be below the previous forecast, which had envisaged slight growth. The Management Board is reiterating this forecast. The uncertainty concerning the duration of the coronavirus crisis and the form it will take in future means it is not currently possible to issue a reliable full-year forecast for the development of the global and regional economies or the Villeroy & Boch Group in 2020. Despite the countermeasures taken, revenue is expected to decline further in the second quarter of 2020.