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OverviewAPI
AKWEL, a parts and systems manufacturer for the automotive and heavy-vehicle industry, recorded a consolidated turnover of €1,066.4M for 2023, up by +7.9%. The company's turnover was affected by currency fluctuations, resulting in a negative impact of -€16.8M for the year. The main drivers of turnover growth were Products and Functions, with Air intake, Washer systems, and Cooling product lines being the strongest drivers. AKWEL anticipates a similar level of business activity in the current financial year based on forecasts of stable global automotive production in its main markets in Europe and North America.

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