News

Third-quarter sales down -9.6%

The downward trend observed since the beginning of the 2024 financial year was confirmed and reinforced in the third quarter for AKWEL, with consolidated revenue of €228.9M, down by -9.6% as reported and -9.2% at constant scope and exchange rates. For the first nine months of 2024, the consolidated revenue of €757.7 million is down … Read more

First-half 2024 net income of €20.2M

In the first half of 2024, EBITDA fell by -1.3% to €49.2 million, while operating income recurring fell by -21.6% to €24.4 million, giving an operating margin on sales of 4.6%. After a tax charge of €8.9 million, net income (Group share) for the first half came to €20.2 million, giving a net margin of … Read more

In the first half of 2024, AKWEL recorded consolidated turnover of €528.8 million

In the first half of 2024, AKWEL recorded consolidated turnover of €528.8 million, down -3.1% compared to the first half of 2023. 2nd quarter sales were €265.3 million, slightly higher than in the first quarter of the year, and down -2.2% compared to the second quarter of the previous year. Read the press release

Current operating income up 64% to €61M

In 2023, the AKWEL Group recorded a consolidated turnover up by 7.8% to €1,066.4m. On a like-for-like basis with constant exchange rates, the increase in annual turnover was +9.6%. Gross operating surplus is up +26.1% to €101.9m and current operating income has grown +64% to €61m Read the press release

Annual turnover for 2023 up by +7,9%

AKWEL recorded a turnover of €267.4M in the fourth quarter of financial year 2023, an increase of +7.2% as reported and +9.4% at constant scope and exchange rates. This strong quarterly performance allowed AKWEL to end 2023 with consolidated turnover of €1,066.4M, up +7.9% from 2022. At constant scope and exchange rates, annual turnover was … Read more

3rd quarter sales up +9.2%

AKWEL has completed its third quarter of 2023 with a consolidated turnover of €248.7M, a slight decline of -0.9% recorded in comparison to 2022, and +9.2% at constant scope and exchange rates. Read the press release

AKWEL posts net earnings of €19.2m in the first half of 2023

In the first half of 2023, AKWEL posted a consolidated turnover of €545.8m, up by 11.8% when comparing published figures and by 16.2% when taking exchange rates and scope as constants. Business growth was particularly significant in Europe and Africa, with an increase of 17.5%. With a financial income of -€2.5m and a tax expense … Read more

Discover our plant in Timisoara (Romania)

The year 2000 arrived and with it the creation of a new unit. The first in Eastern Europe for AKWEL România, in Timisoara. Specialized in fluid management, mechanisms and washing systems, this new production plant reflects AKWEL’s growing ambition to accompany its customers on an international level, and to maintain a relationship of trust and … Read more