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].