News

In the first half of 2021, AKWEL recorded consolidated revenue of €487.6 m, up 26.0% on 2020 and 33.7% at a constant scope and exchange rates, which is still above the Group’s benchmark markets in Europe and North America. Read the press release.

Our customer Renault is starting a new chapter in its electric vehicle history, with the launch of its first model designed on a 100% electric platform, the CMF-EV, at the 2021 Munich Motor Show. Named Mégane E-tech Electric, or “Megane-e”, this vehicle is equipped with a “flush” handle and a battery cooling system developed and … Read more

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

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

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

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

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

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

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

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