In 2018, AKWEL recorded an annual turnover of €1,062.2m, up 3.7% and 9.4% on a like for like basis and at a constant exchange rate. This business growth, against the backdrop of a global automotive market that has been in decline for the first time in 10 years, particularly in the fourth quarter, arose despite a negative exchange rate impact of €58.8m particularly affecting the Turkish lira and the US dollar. Products and Functions' turnover exceeded €1 billion for the first time, reaching €1,011.8m, driven by the Cooling and Emission Control product lines.

Read the press release

Attachments

  • Original document
  • Permalink

Disclaimer

Akwel SA published this content on 11 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 April 2019 16:17:06 UTC