Pyramid AG
Climate Impact & Sustainability Data (2021, 2022, 2023-01 to 2023-03, FY22)
Reporting Period: 2021
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Global chip shortage and disrupted supply chains.
- Delay in the Faytech acquisition.
Mitigation Strategies
- Management stated that the chip shortage had minimal impact on operations and that market observers expect supply bottlenecks to resolve in 2022.
- The delay in the Faytech acquisition is attributed to the complexity of the cross-border transaction and due diligence.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2022
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023-01 to 2023-03
Environmental Metrics
Environmental Challenges
- Uncertainty about the financial stability of US business partner Diebold Nixdorf, potentially leading to a write-down on receivables.
Mitigation Strategies
- Management considers the risk of Diebold Nixdorf insolvency to be manageable. In the long term, Diebold Nixdorf's potential insolvency could create opportunities for Pyramid.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: FY22
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Increased raw material costs
- Shortage of key components
- Difficult business situation in the USA with postponement of large orders
Mitigation Strategies
- Passing on increased cost pressure to customers (with a time lag)