HWA AG exceeds targets for 2017

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.

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HWA AG anticipates positive result in 2017

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.

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HWA AG: optimisation and realignment strategy

Affalterbach, 31 January 2017 – In recent weeks, the Management Board of HWA AG has scrutinised the internal business processes and adopted a programme to optimise and realign individual business areas. The Supervisory Board approved this concept.

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