Publication of turnover figures for the 1st quarter of 2020
Turnover down by 6.6% Outperforming the market in relation to global automotive production A high level of cash flow generation Read the press release
AKWEL VIGO (Spain) produces 18,000 devices to fight against coronavirus
The “LU_Touch” allows the opening and closing of doors and windows. It can also be used as a push button and switch without touching them directly, thus minimising the risk of contagion. Ergonomically designed, it can be handled with only 3 fingers and can be worn hanging from the neck or waist. The idea for … Read more
Award General Motors
AKWEL has been awarded 2019 General Motors Supplier Excellence Awards for Cadillac plant and El Paso Warehouse (USA) as a Recognition of its Outstanding On-Time Shipping Performance to General Motors Customer Care and Aftersales. Congratulations and many thanks to all our AKWEL teams involved !
We will face this challenge together
Today, the whole world is battling Covid-19 and I would like to express my solidarity with everyone affected by this pandemic. My thoughts are particularly with our colleagues, customers, suppliers and all those who we are looking forward to working with again when the situation allows us to do so. I would like to express … Read more
Current operating profit up 19% to €92.2M
Akwel posted an annual turnover of €1,101.2 million in 2019, an increase of 3.7% and 4.4% when taking exchange rates and scope as constants. This growth took place in a global automotive production market down by approximately 5%, outperforming by more than 9% as a result. Read the press release
Information about the impact of the Covid-19 health crisis on site activity
In the context of the ongoing Covid-19 pandemic, AKWEL is taking the most appropriate measures to cope with this exceptional situation and best protect all its employees, in accordance with the actions taken by the governments of the countries where the group is present. The activities of some twenty sites in Europe, Morocco, Tunisia and … Read more
The AKWEL site in Saint Just (Spain) celebrates its 100th anniversary!
On February 20, AKWEL’s Saint Just site in Spain celebrated its 100th anniversary. On this occasion, the site’s teams brought together within AKWEL Saint Just several representatives of local authorities, of our customers, the president of AKWEL, the present and past managers and collaborators of the site (some families are involved for several generations!). This … Read more
AKWEL sales rose by +3.7% in 2019
Outperformance of about 9% compared to global automotive production Confirmation of the target to increase operating profitability in 2019 Adjustment of the 2020 sales growth target to +5% Read the press release
2018 Supplier Quality Excellence Award for AKWEL CADILLAC USA INC. by General Motors
On October 11, 2019, the Cadillac facility was awarded the “2018 Supplier Quality Award” by General Motors (GM) for their outstanding performance on the A1XX program. The A1XX is the vehicle platform in which GM produces the Cadillac CTS and ATS, along with the Chevrolet Camaro. To win the award, the facility must be best in … Read more
Turnover increases +3.3% in the first nine months of 2019
The AKWEL group has posted consolidated turnover of €826.3m in the first nine months of 2019, up +3.3% compared to the same period in 2018. At €259.8m, consolidated turnover in the third quarter of 2019 was up by +8% and +6,6% when comparing like-for-like figures. Read the press release