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AKWEL's Q1 2024 Performance
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Overview
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AKWEL, a French automotive parts company, saw a 4.0% decrease in turnover in Q1 2024 compared to the previous year. Despite global production challenges, AKWEL maintained stability with €263.5 million in turnover and a net cash position of €111.8 million.
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How is AKWEL adapting its strategies to counter the declining turnover trend?
How might AKWEL's performance impact the broader automotive parts industry and related markets?
What specific factors contributed to AKWEL's ability to preserve stability amidst global production challenges?
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