Detail akcie WashTec online

Business Summary: WashTec AG is a Germany-based company engaged in the provision of vehicle washing solutions. The Company and its subsidiaries focus on developing, manufacturing, selling, and servicing car wash products. The Company operates through three geographical segments: Core Europe, North America, and Asia/Pacific. Its line of business includes roll-over wash equipment, self-service wash equipment, commercial car wash equipment, wash tunnels, water reclaim systems and the spare parts are among others. It also provides repair and maintenance services, including full service and call-out services, markets related products, such as detergents and care products, and provides sales financing services. The Company distributes its products in around 70 countries. WashTec AG is the parent company of the WashTech Group.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Washtec AG revenues decreased 8% to EUR100.8M. Net income applicable to common stockholders decreased 10% to EUR3.1M. Revenues reflect North America segment decrease of 21% to EUR17M, Europe and other segment decrease of 5% to EUR84.6M. Net income also reflects Administrative expenses increase of 31% to EUR5.6M (expense), Other income decrease of 25% to EUR1.2M (income).