Metro Performance Glass COVID-19 update

Market Release
NZX: MPG, ASX: MPP
02 September 2021

Metroglass resumes operations in Alert Level 3 regions in New Zealand and all Australian plants continue to operate

Metro Performance Glass (Metroglass) has resumed operations at three of its four glass processing plants in New Zealand, following the New Zealand Government’s announcement to move regions outside of Auckland and Northland to Alert Level 3. Metroglass’ Auckland plant will remain closed until Alert Level 3.

On August the 17th when New Zealand entered Alert Level 4, Metroglass closed all processing plants while supporting customers with a limited level of production and glazing support for essential work only.

CEO Simon Mander said “It was critical that we focused on the safety and wellbeing of our people, maintained connections with our customers and were ready to go once Alert Level changes allowed. Our national network of processing plants means that we can now restart supply to our customers quickly and efficiently. All three of our processing plants have successfully restarted under their COVID-19 protocols.”

Australian Glass Group operations continue to operate despite COVID-19 restrictions

In Australia construction activity is generally continuing with all three of AGG’s processing plants remaining operational throughout the recent and prolonged COVID-19 outbreak. The business has experienced some disruptions in the New South Wales (NSW) plant as restrictions have developed quickly in the surrounding Sydney Local Government Authorities (LGA’s) and Australian Capital Territory (ACT) which has in turn impacted AGG’s customer base. Overall, demand from customers has remained solid despite the disruptions and changing state-by-state restrictions.

The group continues to closely monitor changes in COVID-19 restrictions in both countries and will provide further updates at its interim results to be released in November 2021.

Simon Mander
Chief Executive Officer
Metro Performance Glass

For further information, please contact:
Liam Hunt, Investor Relations
(+64) 0 22 010 4377
[email protected]

Authorised for release by the Metroglass Board.

Announcement PDF