PWO Group Maintains Stability Amid Automotive Market Challenges Through Early Customer Collaboration

The PWO Group has reported stable performance during the first nine months of 2025 despite ongoing challenges in the global automotive industry and geopolitical instability. CEO Carlo Lazzarini emphasized that the company's strategy of engaging with customers during early development phases has been crucial to navigating current market conditions. "Our customers are involving us in their development projects at an increasingly early stage, enabling us to jointly realize the full potential of modern lightweight construction solutions, for example, at the limits of what is technologically feasible," Lazzarini stated, highlighting how this approach positions the company to shape future mobility solutions.

Financial results show the company achieved revenue of €403.4 million compared to €421.2 million in the previous year, while EBIT before currency effects remained nearly stable at €21.8 million versus €22.1 million previously. The company's performance was supported by series productions and ramp-ups from strong new business secured in recent years, which largely compensated for current market weakness. Additional revenue benefits came from declining raw material prices and favorable exchange rates, though these had minimal impact on earnings.

New business development remained robust with a lifetime volume of approximately €535 million, up from around €525 million in the previous year. The company successfully expanded its customer portfolio by securing first orders from various new automotive manufacturers and suppliers across its multiple global locations. Particularly noteworthy was the addition of three new orders at the company's Serbia location in the third quarter alone, securing planned growth for that facility. The company continues to prepare for extensive new series launches by investing in buildings, equipment, and employee development, contributing to a slightly negative free cash flow of €-2.9 million during the period.

Looking forward, PWO Group confirms its forecasts for fiscal year 2025, expecting revenue in the range of €500-510 million and EBIT before currency effects between €23-28 million. The company considers the upper half of this EBIT range an ambitious target given current market conditions. Capital expenditure plans include approximately €40 million invested in further expanding market position, while free cash flow is expected to turn positive in the low single-digit million euro range. The equity ratio is projected to remain stable at around 37.7%, with new business lifetime volume targeted between €550-600 million. The complete report on the first nine months of 2025 is available through the company's investor relations portal at PWO Group's financial reports section.