Electrolux Professional has tweaked manufacturing schedules at its primary production site in Italy after encountering difficulties in receiving components to the hub.
The company – which is due to begin life as a listed entity next week – is hopeful the measures will allow it to overcome the challenges facing many manufacturers in Italy as the country continues to deal with a coronavirus lockdown.
Earlier this week, Electrolux Professional issued a statement saying that the virus had not yet caused major disruptions to its two production facilities in Italy.
However, it said the situation was developing rapidly, and confirmed that it had started to experience difficulties in receiving components to the facility in Vallenoncello, which is the company’s largest hub for manufacturing foodservice products.
“Therefore, the company is now implementing additional measures to adapt manufacturing at the site to reduce production speed,” it stated.
The company said it expected business activities in the second quarter of 2020 to be significantly more impacted than the first quarter of the year.
“The development may have a material impact on Electrolux Professional’s manufacturing capacity and ability to serve customers,” it said. “Additionally, the overall development related to the spread of the coronavirus is expected to lead to cancelled or postponed orders and investments among customers, especially hotels and restaurants.”
Electrolux Professional is one of the largest global providers of foodservice, beverage and laundry for professional users. Its products are manufactured in 12 plants in seven countries and sold in more than 110 countries.
Last year it had global sales of £770m and approximately 3,600 employees.