Core Insights - AKWEL reported a consolidated revenue of €730.7 million for the first nine months of 2025, reflecting a decline of 3.6% compared to the same period in 2024 [2][4] Revenue Performance - The quarterly revenue breakdown shows a consistent decline: Q1 at €255.6 million (-3.0%), Q2 at €255.0 million (-3.9%), and Q3 at €220.1 million (-3.9%) [3][4] - The total revenue for the first nine months was €730.7 million, with a constant scope and exchange rate decline of 3.0% [3][4] Geographic Revenue Distribution - Revenue distribution by region indicates a decline in the Americas (-6.7% to €214.8 million) and Asia (-13.6% to €24.6 million), while EMEA saw a slight decrease of 1.6% to €491.3 million [9] Product Line Performance - Revenue for Products and Functions decreased by 1.4% to €712.6 million, with growth in Cooling (+1.6%), Decontamination (+7.0%), Fuel (+5.1%), and Oil (+5.7%), while Air (-19.1%), Mechanisms (-4.7%), and Control (-5.5%) faced declines [5] Financial Position - The consolidated net cash position was €168.9 million as of September 30, 2025, an increase of €19.6 million from June 30, 2025, after accounting for an investment of €8.4 million in the quarter [6] Future Outlook - The company anticipates a double-digit decline in consolidated revenue for 2026, primarily due to expected decreases in SCR tank volumes and a negative outlook across all product lines [8][11] - Challenges include market depression, slow electric vehicle development, and competitive pressures, particularly from Chinese manufacturers [11]

Core Insights - AKWEL has reported a consolidated revenue of €730.7 million for the first nine months of 2025, reflecting a decline of 3.6% compared to €757.7 million in the same period of 2024 [2][3]. Revenue Breakdown - Revenue for the first three quarters is detailed as follows: - Q1: €255.6 million, down 3.0% from €263.5 million in Q1 2024 - Q2: €255.0 million, down 3.9% from €265.3 million in Q2 2024 - Q3: €220.1 million, down 3.9% from €228.9 million in Q3 2024 - Total for nine months: €730.7 million, down 3.6% from €757.7 million in 2024 [3]. Geographic Revenue Distribution - Revenue by geographic area for the nine-month period is as follows: - EMEA: €491.3 million, down 1.6% - America: €214.8 million, down 6.7% - Asia: €24.6 million, down 13.6% [9]. Financial Position - As of September 30, 2025, AKWEL's consolidated net cash, excluding lease liabilities, stood at €168.9 million, an increase of €19.6 million compared to June 30, 2025. The company also had an investment envelope of €8.4 million for the quarter [4]. Future Outlook - The company anticipates a double-digit decline in consolidated revenue for 2026, primarily due to expected decreases in volumes of SCR tanks and delays in electric vehicle production programs [5].

Core Insights - AKWEL reported a net income of €13.6 million for the first half of 2025, a decrease of 32.9% compared to €20.2 million in the same period of 2024 [3][4]. Financial Performance - The consolidated revenue for the first half of 2025 was €510.6 million, down 3.4% from €528.8 million in the first half of 2024 [3]. - EBITDA significantly dropped to €6.5 million, reflecting an 86.8% decline from €49.2 million year-over-year [3]. - Current operating income increased by 14.1% to €27.8 million, with a current operating margin of 5.4%, up 0.8 percentage points from 4.6% [3]. - Operating income decreased by 7.4% to €26.8 million [3]. - Financial income turned negative at -€1.9 million, compared to zero in the previous year [3]. - The net margin fell to 2.7%, down 1.2 percentage points from 3.8% [3]. Operational Insights - The company improved operational performance in its factories, particularly through effective salary cost management [4]. - Ongoing customer disputes regarding SCR tanks negatively impacted results, leading to an external cost impact of €52.5 million [4]. - Current operating income was partially supported by reversals of provisions amounting to €32.8 million [4]. Cash Position and Strategic Focus - As of June 30, 2025, the net cash position, including lease liabilities, was €139.2 million, an increase from €133.4 million at the end of 2024 [5]. - AKWEL's activities with strategic customers showed resilience, aided by the postponement of SCR tank production shutdown to 2026 [5]. - The company remains focused on strategic priorities, including product development for electric vehicles, optimizing operational performance, and fulfilling CSR commitments [6]. Company Overview - AKWEL is an independent family business listed on Euronext Paris, specializing in parts and systems for the automotive and heavy-vehicle industry, particularly in fluid management and structural parts for electric vehicles [7]. - The company operates in 20 countries across five continents and employs approximately 8,600 people globally [8].

Group 1 - The company AKWEL recorded a consolidated turnover of €510.6 million in the first half of 2025, showing a decrease of 3.4% compared to €528.8 million in the same period of 2024 [2][3][4] - In the second quarter of 2025, the turnover was €255.0 million, which is a decline of 3.9% from the second quarter of 2024, and a slight decrease of 3.0% from the first quarter of 2025 [5][3] - The turnover for Products and Functions in the first half amounted to €497.5 million, down 1.2%, with growth in Decontamination (+15.1%), Fuel (+3.6%), and Cooling (+1.9%), while Air (-22.6%) and Mechanisms (-3.9%) saw declines [6] Group 2 - The company anticipates a decrease in turnover for the full year of 2025, but expects it to be less severe than the decline experienced in 2024 [7] - AKWEL is an independent family business specializing in parts and systems for the automotive and heavy-vehicle industry, with expertise in fluid management and electric vehicle components [9] - The company operates in 20 countries across 5 continents and employs approximately 8,600 people globally [10]

Core Points - AKWEL has postponed its Annual General Meeting until after June 30, 2025, due to the ongoing finalization of the audit for the 2024 annual financial statements [2][3] - The company will file a request for postponement with the Commercial Court of Bourg-en-Bresse and will communicate the new schedule to the market as soon as possible [3] - The next press release regarding first-half 2025 sales is scheduled for July 24, 2025, after the close of trading [4] Company Overview - AKWEL is a systems supplier to the automotive and truck industries, specializing in fluid management, mechanisms, and structural parts for electric vehicles [2][4] - The company is independent and family-owned, listed on Euronext Paris, and employs approximately 8,600 people across 20 countries on five continents [4][5] - AKWEL possesses advanced industrial and technological expertise in the application and transformation of materials such as plastic, rubber, and metal, as well as in mechatronics integration [4]

Champfromier, Wednesday, May 28, 2025 PUBLICATION OF ANNUAL FINANCIAL REPORT ONCE AGAIN POSTPONED AKWEL (FR0000053027, AKW, PEA eligible), a systems supplier to the automotive and truck industries, specializing in fluid management, mechanisms and structural parts for electric vehicles, has once again postponed publication of its annual financial report by a few days. The request from the statutory auditors for further auditing of the control procedures implemented at the Ixtaczoquitlan site in Mexico has b ...

Core Viewpoint - AKWEL is expected to incur a non-recurring charge of approximately -19 million euros for the fiscal year 2025 due to a customer agreement addressing quality issues related to SCR tanks, which resolves ongoing litigation [3]. Company Overview - AKWEL is a systems supplier to the automotive and truck industries, specializing in fluid management, mechanisms, and structural parts for electric vehicles [2][4]. - The company operates in 20 countries across five continents and employs around 8,600 people globally [5]. Financial Impact - The one-off charge of around -19 million euros will occur after reversing provisions already set aside for this purpose, although it may be partially mitigated by insurance coverage [3]. - AKWEL will provide further details once the amounts covered by its insurance partners are validated [3]. Future Communications - The next press release regarding first-half 2025 sales is scheduled for July 24, 2025, after the close of trading [4].

Core Points - AKWEL reported a consolidated turnover of €255.6 million for Q1 2025, reflecting a decrease of 3.0% compared to €263.5 million in Q1 2024 [2][3] - The decline in revenue was attributed to a global decrease in automotive production, particularly in key manufacturing countries, with a reported decline of 4.0% at constant scope and exchange rates [3][6] - The company’s net cash position at the end of March 2025 was €149.6 million, an increase of €4.6 million from December 31, 2024, with investments amounting to €8.6 million in Q1 2025 [5][6] Turnover Distribution - The turnover for Products and Functions was €247.8 million, down 3.3%, with growth in Decontamination (+10.4%) and Cooling (+4.5%) product lines, while Air (-27.1%), Mechanisms (-8.7%), and Fuel (-2.7%) lines saw declines [4][6] - Geographic distribution of turnover showed EMEA at €170.7 million (-3.8%), Americas at €76.4 million (-1.9%), and Asia at €8.5 million (+2.8%) [7] Future Outlook - The company anticipates a revenue decrease in 2025 comparable to the previous year, citing limited visibility in the automotive market [6]

Core Viewpoint - AKWEL reported a consolidated revenue of €255.6 million for Q1 2025, reflecting a decline of 4.0% compared to the previous year, amid a general downturn in global automotive production, with exceptions in China and Japan [2][4]. Revenue Summary - The consolidated revenue for Q1 2025 (January 1 to March 31) was €255.6 million, down from €263.5 million in Q1 2024, marking a decrease of 3.0% [4]. - The revenue decline was attributed to a 4.0% drop when adjusted for constant business scope and exchange rates [4]. Regional Revenue Distribution - Revenue from product and functional business was €247.8 million, down 3.3%, with growth in emissions control (+10.4%) and cooling systems (+4.5%), while air management (-27.1%), mechanical components (-8.7%), and fuel systems (-2.7%) saw declines [5]. - Revenue from the tooling business remained stable at €5.6 million [5]. - Regional revenue breakdown: EMEA: €170.7 million (-3.8%), Americas: €76.4 million (-1.9%), Asia: €8.5 million (+2.8%) [8]. Financial Position - As of March 31, 2025, the company reported a net cash position (excluding lease liabilities) of €149.6 million, an increase of €4.6 million from December 31, 2024 [5]. - The investment amount for the period was €8.6 million, compared to €20.2 million in the same period of 2024 [5]. Market Outlook - The company maintains its expectation for a decline in full-year revenue for 2025, anticipating a decrease similar to the previous year, despite a narrowing of the decline compared to the last two quarters [5].

Company Overview - AKWEL is a systems supplier to the automotive and HGV industries, specializing in fluid management, mechanisms, and structural parts for electric vehicles [1][2] - The company is independent and family-owned, listed on Euronext Paris [2] - AKWEL operates in 20 countries across five continents and employs 8,600 people worldwide [3] Financial Reporting Update - The publication of AKWEL's annual financial report has been postponed until at least May 28, 2025, due to a request from statutory auditors for further auditing of control procedures at the Ixtaczoquitlan site in Mexico [1] - An internal audit conducted by the Group indicates that the results of the additional audit should not have a material impact on the financial statements [1] - The Annual General Meeting, originally scheduled for May 22, 2025, has been rescheduled to June 25, 2025 [1] Future Announcements - AKWEL plans to release sales figures for the first half of 2025 on July 24, 2025, after the close of trading [2]