Russia-Ukraine conflict: ElringKlinger suspends guidance for 2022 on volatile business environment

War In Ukraine

ElringKlinger’s board has extended CEO Dr. Stefan Wolf by an additional four years until 31 January 2027

German supplier of powertrain components ElringKlinger AG has suspended its guidance for FY2022 on account of a highly uncertain and volatile business environment as a result of the ongoing Russia–Ukraine conflict, the company said on 24 March 2022.

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