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Vishay Precision Group PERFORMANCE THROUGH PRECISION VPG First Quarter Fiscal 2020 Earnings May 5, 2020
Vishay Precision Group
PERFORMANCE THROUGH PRECISION
VPG First Quarter Fiscal 2020 Earnings
May 5, 2020 PERFORMANCE THROUGH PRECISIONSafe Harbor Statement
From time to time, information provided by us, including but not limited to statements in this report, or other statements ma de by or on our behalf, may contain "forward -looking"
information within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of r isks, uncertainties, and contingencies, many of which are
beyond our control, which may cause actual results, performance, or achievements to differ materially from those anticipated.
Such statements are based on current expectations only, and are subject to certain risks, uncertainties, and assumptions. Sho uldone or more of these risks or uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, expected, estimated , or projected. Among the factors that could cause actual
results to materially differ include: general business and economic conditions; difficulties or delays in identifying, negoti ating and completing acquisitions and integrating acquired
companies (including Dynamic Systems, Inc.); the inability to realize anticipated synergies and expansion possibilities; diff iculties in new product development; changes in competition
and technology in the markets that we serve and the mix of our products required to address these changes; changes in foreign currency exchange rates; political, economic, health
(including the COVID -19 "coronavirus") and military instability in the countries in which we operate; difficulties in implementi ng our cost reduction strategies, such as underutilization
of production facilities, labor unrest or legal challenges to our lay -off or termination plans, operation of redundant facilitie s due to difficulties in transferring production to achieve
efficiencies; significant developments from the recent and potential changes in tariffs and trade regulation; our efforts and efforts by governmental authorities to mitigate the COVID -19
pandemic, such as travel bans, shelter in place orders and business closures and resource allocations, manufacturing and supp ly chains; the Company’s status as a “critical”, “essential”
or “life -sustaining” business in light of COVID -19 business closure laws, orders and guidance being challenged by a governmental body or other applicable authority; the Company’s
ability to execute its business continuity, operational and budget plans in light of the COVID -19 outbreak; and other factors af fecting our operations, markets, products, services, and
prices that are set forth in our Annual Report on Form 10 -K for the fiscal year ended December 31, 2019. We undertake no obligat ion to publicly update or revise any forward -looking
statements, whether as a result of new information, future events, or otherwise.
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