AD-HOC / NEWS

Affalterbach, 28 April 2020 - Based on the authorising resolution of the Annual General Meeting on 25 July 2018, the Management Board of HWA AG has resolved, with the approval of the Supervisory Board, to increase the share capital by up to EUR 800,000.00 from EUR 5,626,500.00 to up to EUR 6,426,500.00, making partial use of the authorised capital in accordance with article 4 (4) of the articles of incorporation, by issuing up to 800,000 new, no-par-value bearer shares with a nominal value of EUR 1.00 per share and entitlement to dividends from 1 January 2019 in exchange for cash contributions.

• Dynamic sales development in the 1st half-year 2019
• Sales in 1st half-year above target and EBIT below target
• Targets for 2019 are ambitious
• Special devaluation burdens earnings in 2019
• Cash capital increase of EUR 7.1 million implemented in the first half of the year
• DTM commitment of R-Motorsport and HWA ends with the end of the 2019 season

• Record sales in 2018
• Sales and earnings targets met
• Solid guidance for 2019
• Capital increase placed in full
• Dividend proposed at 37 cents per share for 2018

• Joint venture company Vynamic GmbH will develop and build Aston Martin DTM cars for use by R-Motorsport in the DTM and field them for the team
• Primary aim: To tap into the market for racing cars and produce limited-edition sports cars
• Vynamic – a strategic innovation partnership between AF Racing AG and HWA AG

New British-German partnership for 2019 FIA Formula 2 Championship: Arden International Motorsport and HWA RACELAB announce their co-operation in the prestigious top-level international championship.

HWA AG to receive new commissioning for DTM

Affalterbach, 26 April 2018 – HWA AG slightly exceeded its own expectations for 2017. The forecasts had specified a total operating performance of between EUR 80 million and EUR 85 million and an EBIT margin of around 2.5%. In 2017, the total operating performance reached a level of EUR 97.5 million after EUR 100.4 million in the previous year. The anticipated decline in the total operating performance was therefore less substantial than expected. At EUR 97.5 million, sales stabilised at around the previous year’s level of EUR 97.4 million. As expected, HWA AG managed to return to profitability in 2017. EBIT increased significantly from EUR 0.2 million to EUR 2.8 million in 2017. The EBIT margin was slightly higher than expected at 2.9%. Net profit improved significantly from EUR 0.3 million to EUR 1.4 million. After a disappointing 2016, the development of the figures in 2017 was encouraging overall.

HWA AG loses important racing program

Affalterbach, 28 April 2017 – HWA AG generated sales of EUR 97.4 million in the 2016 financial year, representing a year-on-year increase of almost 17%. The significant increase in sales is attributable particularly to the vehicles and vehicle components business unit. The delivery of the Mercedes-AMG GT3 made a significant contribution to sales growth.

Miami, February 27th 2017: Piercing the boundaries between professional racing and gentlemen drivers with a forgiving but tenacious, ultra-light track car, with features that create new heights in driver elation.