Ferroglobe delays annual report, cites Covid-19

Ailing silicon producer Ferroglobe will delay filing its 2019 annual report by up to six weeks as a result of the Covid-19 pandemic, the company announced last week.

“With the uncertainties created by the Covid-19 pandemic and potential implications for Ferroglobe’s operating environment and financial results, the company continues to prepare financial scenarios for the near term, which its external auditor is auditing,” Ferroglobe said on Thursday April 30.
“The time and attention needed to gather and present relevant information to the auditors has impeded the company’s ability to complete its annual report by the April 30, 2020, due date,” it added.

“The company expects...

Published

Orla O'Sullivan

May 06, 2020

04:48 GMT

New York