AKWEL has recorded consolidated turnover of €293.0m in the first quarter of 2019, an increase of 4.6% compared to the first quarter of 2018. Taking exchange rates and scope as constants, turnover in the 1st quarter of 2019 increased by 6.6%. AKWEL's business growth this quarter was achieved in an automotive sector that is still experiencing difficulties, with a worldwide drop in production of around 7%, particularly in China, the world's largest market, which is still in sharp decline.

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Akwel SA published this content on 02 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 May 2019 16:12:01 UTC