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STRATEC POSTS PRELIMINARY FIGURES FOR FIRST QUARTER AND RAISES GUIDANCE FOR 2021 FINANCIAL YEAR

STRATEC POSTS PRELIMINARY FIGURES FOR FIRST QUARTER AND RAISES GUIDANCE FOR 2021 FINANCIAL YEAR STRATEC SE / Key word(s): Preliminary Results/Change in Forecast STRATEC POSTS PRELIMINARY FIGURES FOR FIRST QUARTER AND RAISES GUIDANCE FOR 2021 FINANCIAL YEAR 26-Apr-2021 / 20:33 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. STRATEC POSTS PRELIMINARY FIGURES FOR FIRST QUARTER AND RAISES GUIDANCE FOR 2021 FINANCIAL YEAR Birkenfeld, April 26, 2021 Based on preliminary figures, STRATEC expects to report consolidated sales of € 72.0 million for the first quarter of 2021 (previous year: € 56.5 million), corresponding to constant-currency sales growth of 32.5% compared with the previous year (nominal: +27.4%). This dynamic growth was driven by, among other factors, ongoing high dema

Investegate |STRATEC SE Announcements | STRATEC SE: STRATEC POSTS PRELIMINARY FIGURES FOR FIRST QUARTER AND RAISES GUIDANCE FOR 2021 FINANCIAL YEAR

Investegate |STRATEC SE Announcements | STRATEC SE: STRATEC POSTS PRELIMINARY FIGURES FOR FIRST QUARTER AND RAISES GUIDANCE FOR 2021 FINANCIAL YEAR
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

Key Changes in Ford s New Supply Chain Terms and Conditions

Tuesday, April 13, 2021 Ford Motor Company (“Ford”) issued new Production Purchasing Global Terms and Conditions (“Terms”) related to the purchase of goods, services and tech products, including tooling and service parts purchased on or after July 1, 2021. Ford’s existing contracts with Suppliers will not be amended to include the Terms unless the contract is renewed after July 1 st. Importantly, for blanket purchase orders, the Terms will apply to all releases issued after July 1 st. The Terms include 47 sections and contain significant changes from prior iterations. Identifying the changes and differences from prior versions of these Terms is only the first step. Suppliers to Ford need to understand the implications of the various changes to their businesses. The second step will require Suppliers to think strategically about how they will respond to the Terms that Ford now seeks to impose.

New Changes in Ford s New Terms and Conditions

Tuesday, April 13, 2021 Ford Motor Company (“Ford”) issued new Production Purchasing Global Terms and Conditions (“Terms”) related to the purchase of goods, services and tech products, including tooling and service parts purchased on or after July 1, 2021. Ford’s existing contracts with Suppliers will not be amended to include the Terms unless the contract is renewed after July 1 st. Importantly, for blanket purchase orders, the Terms will apply to all releases issued after July 1 st. The Terms include 47 sections and contain significant changes from prior iterations. Identifying the changes and differences from prior versions of these Terms is only the first step. Suppliers to Ford need to understand the implications of the various changes to their businesses. The second step will require Suppliers to think strategically about how they will respond to the Terms that Ford now seeks to impose.

Supplier Alert: Key Changes in Ford s New Terms and Conditions | Foley & Lardner LLP

The Terms expressly apply to the production and use of software and data. The Terms also limit the types of Purchase Orders used to describe the goods, service, or software/date.  These changes broaden the scope of the Terms and standardize the forms used to incorporate them.  Suppliers that produce software or data should review the Terms in particular detail. Suppliers should be cautious about relying on contractual documents, requirements or specifications unless those document qualify as a Purchase Order under this provision.   Payment And Taxes  The new provision contains three changes: (i) refers to the Supplier Guide for payment schedules and methods instead of the Purchase Order;

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