Progress-Werk Oberkirch (PWO) Supervisory Board Approves Financial Statements

• PWO AG Supervisory Board approved the annual financial statements and consolidated financial statements for fiscal 2023
• The provisional figures for fiscal 2023 reported on February 22, 2024 are confirmed, with revenue at EUR 555.8 million and EBIT before currency effects at EUR 28.2 million
• The Board will propose a dividend of EUR 1.75 per share at the Annual General Meeting, an increase from the previous year's dividend of EUR 1.65 per share
• The key data for the 2024 forecast is confirmed, with expected revenue around EUR 570 million and EBIT before currency effects between EUR 29 million to EUR 32 million
• PWO AG is establishing a new production site in Serbia to strengthen its presence in Eastern Europe and invest in a growth region for the European mobility industry
• The publication of the 2023 Annual Report is scheduled for March 28, 2024.

The price of Progress-Werk Oberkirch at the time of the news was 29,00EUR and was up +0,35 % compared with the previous day.
5 minutes after the article was published, the price was 29,20EUR this corresponds to a plus of +0,69 % since publication.

Progress-Werk Oberkirch

+2,00 %

+2,68 %

+6,99 %

+1,32 %

+0,66 %

+13,33 %

+14,18 %

+1.234,50 %

ISIN:DE0006968001WKN:696800

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