BREAKING: AKWEL, the leading manufacturer of parts and systems for the automotive and heavy-vehicle industry, has just reported a significant drop in net income, revealing a net profit of just €13.6 million for the first half of 2025. The company’s latest financial results, released today, show a concerning trend that could impact stakeholders and investors alike.
In a detailed financial statement, AKWEL disclosed a consolidated turnover of €510.6 million for the period ending June 30, 2025, representing a decrease of 3.4% compared to the same period last year. The dramatic plunge in earnings is attributed to ongoing disputes over SCR tanks, which resulted in an external costs impact of €52.5 million. This situation has led to an alarming 86.8% drop in EBITDA, falling from €49.2 million to a mere €6.5 million.
Despite these challenges, AKWEL managed to achieve a 14.1% increase in current operating income, totaling €27.8 million. The current operating margin improved to 5.4%, a slight increase from 4.6% in the previous year. However, overall operating income fell by 7.4% from €28.9 million to €26.8 million, raising concerns about the company’s profitability moving forward.
The company’s net margin also decreased to 2.7%, down from 3.8%, highlighting the urgent need for AKWEL to address these financial hurdles. The firm’s net cash position, including lease liabilities, stood at €139.2 million as of June 30, 2025, showing a slight improvement from €133.4 million at the end of 2024.
In a statement addressing the financial impact, AKWEL emphasized its commitment to maintaining operational performance amidst a volatile automotive market. The company is actively preparing for future challenges and aims to enhance its product offerings, particularly in the transition to electric vehicles.
Looking ahead, the Annual General Meeting is scheduled for September 30, 2025, where shareholders will be updated on the company’s strategic direction. Additionally, the dividend payment for the 2024 financial year is slated for October 7, 2025, a key point for investors to mark on their calendars.
AKWEL, an independent family business operating in 20 countries across 5 continents, employs approximately 8,600 people globally. The firm specializes in fluid management and structural parts for electric vehicles, leveraging advanced technology and materials in its manufacturing processes.
As AKWEL navigates these financial challenges and prepares for its upcoming meetings, stakeholders are advised to stay tuned for further updates that could significantly impact the company’s future trajectory. The urgency of these developments cannot be overstated, and their implications will be closely monitored by industry analysts and investors alike.
