News

Net income of €24.2 Million in 2024

EBITDA decreased by -14.4% to €87.2M and current operating income decreased by -37.1% to €38.4M, representing a drop in current operating margin of 1.8 points. After an income tax expense of €16.6M, up 28.2%, the net income attributable to the Group reached €24.2M, or a net margin of 2.4%, down -0.9 points. Read the press … Read more

2024 revenue of €989.0M

The last quarter of fiscal year 2024 confirms the trend observed in the previous quarters. Fourth-quarter reported revenue was €231.2M, down -13.5% and -13.7% at constant scope and exchange rates. For the whole of 2024, revenues at constant scope and exchange rates fell by -7.0% with a positive foreign exchange impact of €2.2M. Read the … Read more

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