Sidenor Corporate Report 2019

84 Corporate report 2019 | Society October 2019, the sale of 75.1% of the company Sidenor Forgings & Castings to the German-American consortium NFL, while remaining as a temporary partner. This fact has to be taken into account when comparing the figures for 2019 (in which Sidenor Forgings & Castings’s figures were only integrated from January to October) and for 2018 (in which Sidenor Forgings & Castings’s figures were integrated for the entire year). Along the same lines, the Company concluded during the 2018 financial year an agreement by virtue of which it acquired all the shares of Calibrados de Precisión, S.A., and then communicated its decision to transfer the activity carried out in that entity to the Vitoria plant. Consequently, the management systems have not been integrated in all areas, given the volume they represent in the overall company, which is less than 2% of the consolidated turnover. In this sense, and given the fact that the company was in closing phase at the end of 2019 and had no activity anymore, the Corporate Report does not consolidate the data relating to Calibrados de Precisión, S.A., in the areas of Environment, People and Suppliers. This document has been prepared in accordance with the requirements of Law 11/2018, of December 28th, which transposes Directive 2014/95/EU of the European Parliament and of the Council of 22 October 2014 amending Directive 2013/34/ EU as regards disclosure of non-financial and diversity information. This Report is the Group’s Non-financial Information Statement and is part of its Consolidated Management Report. The herein contained information has been collected and is presented according to Sidenor’s principles of transparency, clarity, comparability and reliability. Report profile