Akwel Posts Net Earnings of €20.2 Million in the First Half of 2020

                                                                                                                                                      Thursday 24 September 2020

AKWEL POSTS NET EARNINGS OF €20.2 MILLION
IN THE FIRST HALF OF 2020

AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, published its 2020 half-yearly results, as approved by the executive board, on 21 September 2020.

Consolidated data - in € millions	30.06.2020	30.06.2019	Var. in %
Revenue	387.0	566.5	-31.7%
EBITDA	60.0	66.6	-9.9%
Current operating income	24.3	46.9	-48.2%
Current operating margin	6.3 %	8.3 %	-2.0 pts
Operating income	25.2	46.7	-45.9%
Financial income	(1.0)	(1.1)	-10.1%
Net result (group share)	20.2	35.5	-43.0%
Net margin	5.2 %	6.3 %	-1.1 pt