LETTER TO THE STAKEHOLDERS

The presentation of the fourth economic, social and environmental sustainability report of Prima Sole Components is carried out in the context of a particularly sensitive time, characterized by a great deal of uncertainty alongside the need to find a “new normal life”, after having paid the particularly negative consequences deriving from Covid-19 pandemics.

Unfortunately, the first half of 2020 was affected by the devastating results caused by the forced interruption, to a large extent, almost total, of production, due to the restrictions issued by the Government Authority, to which followed a second half of the year characterized by a strong recovery in the volume of sales and production. This enabled to close the year in harmony, by totally preserving employment levels, along with the implementation of planned productive investments.

In addition, it was carried out the reorganization and onsumptionn process of all production sites with a view to 4.0 industry and, more generally, to digital and environmental transition

Despite the strong slowdown in the market, we will continue to pursue the industrial objectives planned with respect of social and environmental sustainability, being aware of the significant difficulties we are facing today and which, in the near future, may require a reprogramming of the existing development policies defined at the time.