Oil prices surged as the U.S. military forces captured and extradited Venezuelan President Nicolás Maduro. As per the words of U.S. President Donald Trump, the Venezuelan oil sector would see an influx of U.S. oil companies and spending of “billions of dollars.” This is highly significant, although it requires considerable time and investment, given that the country holds roughly 17% of the world’s proven crude reserves. However, the reserves have also been reportedly mismanaged for years, resulting in ag ...

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 ...

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]