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Progress-Werk Oberkirch AG: Supervisory Board meeting to approve the financial statements and kick-off for new positioning on the capital market - Seite 2

As a global player in the mobility industry, we offer our customers innovation-driven solutions and continue to push the boundaries of what is technologically possible in metal forming. In addition, we are focusing even more strongly on sustainability and digitalization and continuing to develop them into the key drivers of our future success.

Carlo Lazzarini, CEO of PWO, says: "With the beginning of the new fiscal year, we are sending a signal of departure for a new path. We are actively shaping the mobility of the future and provide sustainable solutions for the core topics of electrification, safety & comfort."

Dr. Cornelia Ballwießer, CFO of PWO, emphasizes: "PWO possesses tremendous substance and potential in equal measure. We intend to use these advantages to position ourselves even stronger on the capital market in the future."

The 2020 Annual Report presenting PWO's up-to-date equity story will be available as of March 30, 2021 on the company's website at www.progress-werk.de.

Progress-Werk Oberkirch AG
The Executive Board

Company Profile PWO
PWO is a partner to the global mobility industry for the development and production of advanced metal components and subsystems using lightweight construction. The Group has developed a unique knowledge in the forming and joining of metals over the course of its more than 100-year history since it was founded in 1919. With our expertise in lightweight construction, we contribute to environmentally friendly driving and greater distances.

All of the Group's more than 1,000 products contribute to electrification, safety and comfort. More than 90 percent of revenue is independent of the vehicle's type of drivetrain. Approximately 3,000 employees on three continents at five production sites and three assembly plants ensure the highest level of delivery reliability and quality.

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25.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Language:	English
Company:	Progress-Werk Oberkirch AG
	Industriestraße 8
	77704 Oberkirch
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.progress-werk.de
ISIN:	DE0006968001
WKN:	696800
Listed:	Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange
EQS News ID:	1178546