STS Group AG postpones publication of the 2019 annual report to April 09, 2020, due to COVID-19 - Annual General Meeting rescheduled as well
Hallbergmoos/Munich, April 01, 2020. STS Group AG (ISIN: DE000A1TNU68; www.sts.group), the global system supplier for the automotive and commercial vehicle industry, listed in the Prime Standard of the Frankfurt Stock Exchange, postponed the publication of the 2019 annual report scheduled for April 02, 2020. The postponement became necessary against the background of the restrictions and measures to protect employees during the coronavirus pandemic and the need to include the latest developments of COVID-19 in the annual report.
The new publication date is scheduled for April 09, 2020. The annual report of STS Group AG will be available for download on sts.group in the Investor Relations section following its publication. For interested investors and press representatives, STS Group AG will hold a conference call on April 09, 2020, at 10.30 a.m.
As a consequence of the current restrictions, the Management also decided to reschedule the Annual General Meeting, which will now take place on July 14, 2020, instead of May 15, 2020, as previously planned.
About STS Group:
STS Group AG, www.sts.group (ISIN: DE000A1TNU68), is a leading system supplier to the automotive industry with a focus on solutions in the acoustics, thermal and structural engineering sectors. It employs more than 2,500 people worldwide and generated revenues of 362.8 mEUR in the financial year 2019. The STS Group ("STS") produces and develops plastic and acoustic components such as solid and flexible vehicle and aerodynamic trim, noise and vibration-damping materials, entire interior and exterior trim systems, as well as lightweight construction and battery components for electric vehicles at its 17 plants and four development centres in France, Italy, Germany, Poland, Mexico, Brazil, China and, in the future, also in the USA. STS is considered as a technology leader in the manufacture of special acoustic products, plastic injection moulding and components made of composite materials (Sheet Molding Compound - SMC). STS has a large global footprint with plants in four continents. The customer portfolio comprises leading international manufacturer of commercial vehicles, passenger cars and electric vehicles.
STS Group AG
Stefan Hummel
Head of Investor Relations
Zeppelinstrasse 4
85399 Hallbergmoos
+49 811 1244 9412
[email protected]
www.sts.group
Contact for financial and business press
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
+49 89 125 09 03-33
[email protected]
www.crossalliance.de
01.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
