Brief: Akwel Q4 Turnover Up At EUR 267.4 Mln

Akwel SA

08/02/2024 17:07

Feb 8 (Reuters) - Akwel SA  AKW.PA :
    * AKWEL: ANNUAL TURNOVER FOR 2023 UP BY +7.9%
    * NET CASH EXCLUDING LEASE OBLIGATIONS GREW REACHED EUR
118.3M BY
YEAR-END.
    * GROUP RECORDED A TURNOVER OF EUR 267.4M IN Q4 OF FINANCIAL
YEAR
2023
    * NET CASH EXCLUDING LEASE OBLIGATIONS GREW REACHED EUR
118.3M BY
YEAR-END
    * OUTLOOK: COSTS RELATING TO INDUSTRIAL RESTRUCTURING IN
FRANCE
ALONG WITH CLOSURE OF GOURNAY-EN-BRAY SITE ARE EXPECTED TO TAKE
A TOLL ON OPERATING AND NET INCOME
    * OUTLOOK: BASED ON FORECASTS OF STABLE GLOBAL AUTOMOTIVE
PRODUCTION, AKWEL CURRENTLY ANTICIPATES A SIMILAR LEVEL OF
BUSINESS ACTIVITY IN 2024 TO THAT OF 2023

Source text for Eikon:  ID:nGNXb5HW28 
Further company coverage:  AKW.PA 

 (Gdansk Newsroom)
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