In addition, until further notice, the Company expects to discontinue its practice of hosting quarterly earnings calls.
As previously disclosed, Vitro is continuing its discussions with the counterparties of the derivative financial instruments, its bondholders and its creditors to achieve an organized financial restructuring. Vitro will provide updates on these discussions to its different audiences, from time to time, as appropriate, through its established communications channels. Questions concerning Vitro’s operations and business outlook will continue to be addressed by the Company’s investor relations department.
Vitro, in existence for 100 years, has a solid foundation with strong business operations, durable franchise and market positions and superior quality products. Vitro is committed to providing the quality products and services to satisfy its broadly diversified customers’ needs. Continuing business as usual, Vitro intends to maintain its operations and continue its business relationships with its customers and suppliers as it seeks to achieve a restructuring of its indebtedness.
Vitro, S.A.B. de C.V. (BMV: VITROA; NYSE: VTO), is one of the largest glass manufacturers in the world backed by 100 years of experience. Through our subsidiary companies we offer products with the highest quality standards and reliable services to satisfy the needs of two distinct business sectors: glass containers and flat glass. Our manufacturing facilities produce, process, distribute and sell a wide range of glass products that form part of the everyday lives of millions of people as well as offering excellent solutions to multiple industries that include: wine, beer, cosmetic, pharmaceutical, food and beverage, as well as the automotive and construction industry. In addition, we supply raw materials, machinery and industrial equipment to different industries. We constantly strive to improve the quality of life of our employees, as well as the communities where we operate, by generating employment and economic prosperity given our permanent focus on quality and continuous improvement, as well as through our consistent efforts to promote sustainable development. Located in Monterrey, Mexico, and founded in 1909, Vitro currently has major facilities and a broad distribution network in ten countries in the Americas and Europe and the Company’s products can be found all around the world. For more information, you can access Vitro’s Website at: http://www.vitro.com