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Business Summary: PWO AG is a Germany-based company. The Company develops and produces sophisticated metal components and complex subsystems. The Company manufactures a wide range of high-precision round parts for electrical and electronic components. The Electronic, Chassis, and Airbag components business offers a range of components for the electrification of vehicles, including components for fast chargers and electronic control units. Its Steering and Seat Components business unit mainly handles the development and production of steering consoles steering column pipes and metal structures for vehicle seats and its Body Components business unit, instrument panel carriers are a major product line.
Financial Summary: BRIEF: For the three months ended 31 March 2025, PWO AG revenues decreased 7% to EUR137M. Net income decreased 49% to EUR1.7M. Revenues reflect Germany segment decrease of 14% to EUR51.6M, China segment decrease of 14% to EUR10.7M. Net income also reflects Staff costs increase of 5% to EUR36.9M (expense), Depreciation/amortization increase of 3% to EUR6.2M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from EUR1.06 to EUR0.54.