PUBLICATION OF INSIDER INFORMATION IN ACCORDANCE WITH ARTICLE 17 MAR
HWA AG: No development contract for the Mercedes-AMG GT3 programme and delayed development projects
Affalterbach, 17 April 2024 - Following negotiations with Mercedes-AMG GmbH in recent months, the company has come to the conclusion that HWA AG will not implement the development of a Mercedes-AMG GT3 successor as in the past. Furthermore, development and production projects announced and planned for 2024 have been delayed. Due to these issues, the Management Board of HWA AG expects a significant negative impact on business development in the current 2024 financial year and thus also on the company's key financial figures.