AKWEL: PROBABLE NON-RECURRING CHARGE FOR FISCAL 2025

         Champfromier, Friday, May 16, 2025AKWEL: PROBABLE NON-RECURRING CHARGE FOR FISCAL 2025AKWEL (FR0000053027, AKW, PEA-eligible), a systems supplier to the automotive and truck industries specialising in fluid management, mechanisms, and structural parts for electric vehicles, has signed a customer agreement regarding quality issues relating to SCR tanks produced by the Group.This agreement, which resolves outstanding litigation, could have a negative impact of around -19 M€ on...

CHAMPFROMIER, 16/05/2025 (informazione.news - comunicati stampa - industria)

         Champfromier, Friday, May 16, 2025

AKWEL: PROBABLE NON-RECURRING CHARGE FOR FISCAL 2025

AKWEL (FR0000053027, AKW, PEA-eligible), a systems supplier to the automotive and truck industries specialising in fluid management, mechanisms, and structural parts for electric vehicles, has signed a customer agreement regarding quality issues relating to SCR tanks produced by the Group.

This agreement, which resolves outstanding litigation, could have a negative impact of around -19 M€ on earnings for the 2025 financial year, after reversal of provisions already set aside for this purpose. This one-off charge could be limited in part by the insurance cover taken out by the Group. AKWEL will communicate on this subject as soon as the amounts covered by its insurance partners have been precisely validated.

Contact

AKWEL
Benoit Coutier - Finance & Legal VP - Tel: +33 4 50 56 98 68

EKNO - Press relations
Jean-Marc Atlan - jean-marc.atlan@ekno.fr - Tel.: +33 6 07 37 20 44

ACTUS - Investor Relations
Mathieu Calleux - akwel@actus.fr - Tel.: +33 1 53 65 68 68

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