(CercleFinance.com) – Akwel publishes a turnover of 248.7 ME for the 3rd quarter, down 0.9% compared to the same period a year earlier, and +9.2% at constant scope and exchange rates.
Over the first nine months of 2023, consolidated turnover stood at €781.9 million, up +5.8% compared to 2022.
As of September 30, activity increased by +11.3% in France, +11.6% in Europe (excluding France) and Africa, +1.9% in North America, -6.8% in Asia and Middle East (including Turkey) and -12.1% in South America.
Over the first nine months, Products and Functions turnover recorded growth of +5.9% to €756.7 million. The most dynamic product lines over the period are the Air (+23.6%), Washing (+19.5%) and Cooling (+9.7%) activities, and the Structural Parts of electric vehicles, activity the most recent of the Group continues to develop with a turnover of 15.3 ME (+71.7%).
In this context, Akwel confirms its expectation of revenue growth of around +10% over the entire 2023 financial year at constant scope and exchange rates.
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