AKWEL JUAREZ (Mexico) has gained its Q1 certification from FORD
The AKWEL JUAREZ site (Mexico) has gained its Q1 certification from FORD. This status confirms the site’s Quality and Logistics performance and was obtained thanks to the outstanding efforts and hard work of its teams. On August 23rd, AKWEL JUAREZ plant hosted the FORD Q1 ceremony. Ford Purchasing Director Raquel Branco, Ford STA Vicente Mayen, … Read more
Turnover increases 26% in the first half of 2021
AKWEL has posted consolidated turnover of €487.6m in the first half of 2021, up by 26.0% compared to the first half of the previous year. Activity remains down by -13.9% compared to the first half of 2019. +33.7% growth at constant scope and exchange rates Activity and visibility adversely affected by production difficulties in the … Read more
Turnover for the 1st quarter of 2021
The evolution of the world market in the first quarter of 2021 had two main characteristics: a rebound in automotive production, mainly driven by Chinaand increasing difficulties in sourcing raw materials and electronic components for car and equipment manufacturers. In this still fragile context, AKWEL recorded growth of +6.3% on a like-for-like basis. Read the … Read more
2020 annual results, a strong improvement in profitability
Current operating margin up 3.7 pts to 12.1% Operating income up by 20.3% to €107.0m Free cash-flow of €128.2m Read the press release
2020 turnover reaches €937.2 million
Year-on-year decrease limited to -14.9% (-10.9% comparing like-for-like figures.) +4.8% growth in Q4 (+13.6% comparing like-for-like(1)) Current operating income for 2020 expected to exceed €100m Read the press release
Happy New Year
To our customers, our partners and to our other friends, we at AKWEL wish you a safe and happy holiday season and our best wishes for the New Year. We would also like to say a specific “thank you” to the healthcare staff, emergency services and all workers involved in sectors vital to keeping our … Read more
Confirmed upturn in activity in Q3 2020
AKWEL is reporting consolidated turnover of €649.1 million for the first nine months of 2020, limiting the decline to -21.4% from the same period last year. The upturn in AKWEL’s activity was confirmed in September, generating turnover growth of 0.9% in the third quarter of 2020 (+6.7% comparing like-for-like figures), and continued to outperform global … Read more
AKWEL posts net earnings of €20.2 million in the first half of 2020
In the first half of 2020, AKWEL posted a consolidated turnover of €387.0 million, down by 31.7% when comparing published figures and by 31.0% when taking exchange rates and scope as constants. The current operating income was down by 48.2% in the first half year, at €24.3 million, representing a fall of 2 points in … Read more
Turnover figures for the 1st half of 2020
AKWEL has posted consolidated turnover of €387m in the first half of 2020, down by 31.7% compared to the first half of 2019. The virtual stoppage of global car production for more than two months was felt to full effect in April and May 2020, particularly in Europe and North America, whereas China gradually began … Read more
AKWEL and Tallano form partnership to scale up and commercialise an innovative solution for capturing fine particles during vehicle braking
Fine particle emissions during automotive vehicle braking are six times higher than exhaust emissions from a catalytic converter . AKWEL has formed a partnership with Tallano Technologie, which has developed and patented the TAMIC® solution, a system for collecting harmful micro-particles emitted during vehicle braking, reducing particle emissions by 85 to 90%. Read the press release