Akwel (AKW) Q2 2024 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2024 TU earnings summary
13 Jun, 2025Executive summary
First half 2024 turnover reached €528.8M, down 3.1% year-over-year; decline of 2.8% at constant scope and exchange rates.
Net cash position stood at €115.1M as of June 30, 2024, after dividend payment and €30.3M in investments.
Financial highlights
Q2 2024 turnover was €265.3M, slightly above Q1 but down 2.2% year-over-year.
Foreign exchange impact for the half-year was minimal at -€2.0M.
Outlook and guidance
Full-year 2024 turnover expected to remain stable, reflecting current global automotive production trends.
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