The company depends on a global supply chain for components, manufacturing, and distribution. Adverse global economic conditions and geopolitical events, including armed conflicts, trade protectionism, economic sanctions, and political instability, may disrupt or delay the sourcing, production, or shipment of components and finished products. Such disruptions could affect timely delivery, product availability, supply-chain complexity, revenues, margins, and cash flows. Additionally, the company is subject to complex international laws and regulations related to trade, tax compliance, data privacy, sustainability, labor and safety, and anti-corruption, which entail significant compliance costs and risks.
Tennant Co's Comment on Supply Chain
The company depends on a global supply chain for components, manufacturing, and distribution. Adverse global economic conditions and geopolitical events, including armed conflicts, trade protectionism, economic sanctions, and political instability, may disrupt or delay the sourcing, production, or shipment of components and finished products. Such disruptions could affect timely delivery, product availability, supply-chain complexity, revenues, margins, and cash flows. Additionally, the company is subject to complex international laws and regulations related to trade, tax compliance, data privacy, sustainability, labor and safety, and anti-corruption, which entail significant compliance costs and risks.
Sources:
Tennant Co's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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