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AKWEL: TURNOVER OF €510.6M IN THE FIRST HALF OF 2025
Globenewswire· 2025-07-24 15:45
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]