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30/04/2026 17:45
AKWEL: FIRST QUARTER 2026 REVENUEChampfromier, Thursday, April 30, 2026 FIRST QUARTER 2026 REVENUE
AKWEL (FR0000053027, AKW, eligible for PEA equity savings plans), a systems equipment manufacturer for the automotive and truck industries and specialist in fluid management, mechanisms and structural parts for electric vehicles, recorded consolidated revenue of €206.8 million in the first quarter of 2026, down -19.1% on a reported basis compared with the first quarter of 2025. Consolidated revenue first quarter 2026 (from January 1st to March 31st)
(*) At constant scope and exchange rates QUARTERLY REVENUE DOWN In the first quarter of 2026, AKWEL reported a -16.2% decline in revenue at constant scope and exchange rates. Currency effects were unfavorable over the period, totaling -€7.4 million, almost entirely due to the US dollar. BREAKDOWN OF REVENUE Revenue by geographic production area breaks down as follows:
Revenue from Products and Functions reached €200.1 million, down -19.2%, with declines across most major business lines: Pollution Control (-67.4%) due to the planned phase-out of SCR tank production, Cooling (-6.0%), Air (-16.4%), Mechanisms (-5.9%), and Fuel (-20.6%). The Tools business declined by -13.2%, with revenue of €4.9 million. NET CASH OF €104.2 M (€145.1 M INCLUDING TERM DEPOSITS) At the end of the first quarter, consolidated net cash excluding the impact of lease liabilities amounted to €104.2 million, with an additional €40.9 million in term deposits recorded as financial assets, for a total of €145.1 million (+€3.1 million compared with December 31, 2025). Investment spending for the quarter totaled €4.9 million, compared with €8.6 million in the first quarter of 2025. OUTLOOK 2026 In its recent 2025 earnings release, AKWEL indicated that it expects consolidated revenue to decline by -12% to -15% in 2026, given the challenges and uncertainties affecting the global economy and automotive production.
Contacts AKWEL Benoit Coutier – Chief Financial Officer – Tel.: +33 4 50 56 98 68 EKNO – Press Relations Jean-Marc Atlan – jean-marc.atlan@ekno.fr – Tel.: +33 6 07 37 20 44 ACTUS – Investor Relations Mathieu Calleux – akwel@actus.fr – Tel.: +33 1 53 65 68 68 Source : Webdisclosure.com |
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