17 March 2020

Coronavirus Operational Update

With the continued spread of Coronavirus (COVID-19), Ricardo’s highest priority is in protecting the health and wellbeing of employees, customers and other commercial partners.

We aim to help limit the spread of the virus within the communities we serve and where our employees live. In every region Ricardo operates we are asking staff to abide with the advice of national and local governments and health authorities.

At the same time, we are committed to ensuring that our products and services to our global customer base continue with the minimum possible interruption.

To maximize ongoing operational flexibility and provide close to business-as-usual delivery while minimizing health risk, we are following a ‘digital first’ strategy, aided by an increased use of collaborative, cloud-based tools and with an emphasis on online conferencing and remote working instead of face-to-face meetings and business travel. Where we manufacture and test, we are working with our teams to keep them safe and productive.

This is a practice we applied successfully in our Asia offices after the outbreak was first discovered, and we are fully equipped to adopt this approach in other territories if necessary.

We are confident the measures we are taking will allow us to continue to deliver our products and services to customers in a safe and efficient manner. We remain open for business, committed to be responsive and maintain our passion to serve our clients.