Ad hoc announcements
DGAP-Ad-hoc: Rheinmetall AG: Regional disruption of production due to malware at Rheinmetall Automotive
Rheinmetall AG / Key word(s): Miscellaneous
The IT infrastructure of Rheinmetall Automotive plants in Brazil, Mexico and the USA has been affected by malware attacks since late on the evening of 24 September 2019. As a result, normal production processes at these locations are currently experiencing significant disruption.
According to the latest information, the Group's other IT systems have not been affected.
The Rheinmetall Group is doing everything in its power to address the resulting disruption at the affected plants as quickly as possible, and to maintain as far as possible the flow of parts to customers. While deliverability is assured in the short term, the length of the disruption cannot be predicted at this time. The most likely scenarios suggest a period lasting between two and four weeks.
As things stand, the Group expects the malware event to have an adverse impact on operating results of between EUR3 million and EUR4 million per week.
|Rheinmetall Platz 1|
|Phone:||+49 (0)211 473-4749|
|Fax:||+49 (0)211 473-4157|
|Listed:||Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart; Regulated Unofficial Market in Hanover, Tradegate Exchange|
|EQS News ID:||881161|
|End of Announcement||DGAP News Service|