Pasubio - comment

The repercussions of the recent cyber attack on Jaguar Land Rover continue to persist. Production at JLR has been suspended for the past two weeks, and the company has advised its suppliers that vehicle manufacturing may not resume until November. In 2021, JLR was Pasubio’s second largest customer, c.20% of revenue and therefore, any reduction in sales volume will have a significant impact on Pasubio’s already depressed sales numbers.