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 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]

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]