Brief: Akwel Posts FY Revenue Up At 1.07 Billion Euros

Akwel SA

04/04/2024 16:50

April 4 (Reuters) - Akwel Sa  AKW.PA :
    * CURRENT OPERATING INCOME UP 64% TO €61M
    * PROPOSED DIVIDEND OF EUR 0.30 PER SHARE
    * OUTLOOK 2024: AUTOMOTIVE PRODUCTION IS EXPECTED TO BE
STABLE
ACROSS EUROPEAN AND NORTH AMERICAN MARKETS
    * OUTLOOK 2024: ANTICIPATES SIMILAR LEVELS OF ACTIVITY FOR
THIS
FINANCIAL YEAR AS FOR 2023
    * FY REVENUE 1.07 BILLION, UP 7.8% YOY
    * A PROVISION OF €9.4M ASSOCIATED WITH EXCEPTIONAL COSTS OF
RESTRUCTURING GOURNAY (FRANCE) SITE WEIGHED ON  OPERATING INCOME
    * SELF-FINANCING CAPACITY WAS EUR 84.7M
    * FY NET RESULT GROUP SHARE EUR 35.7 MILLION, UP +41.1% YOY

Source text for Workspace:  ID:nGNXbqSg8w 
Further company coverage:  AKW.PA 

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