AKWEL : CURRENT OPERATING INCOME UP 64% TO €61M
Positive business developments and the gradual impact of some price rises have helped to improve current operating profit.
- Positive business developments and the gradual impact of some price rises have helped to improve current operating profit.
- A provision of €9.4m associated with the exceptional costs of restructuring the Gournay (France) site weighed on the operating income.
- With investments up sharply to €59.3m, AKWEL has generated free cash flow of €4.6m and net cash position of €105m, compared with €113.7m at the end of 2022.
- Operating in 20 countries across 5 continents, AKWEL employs 9,600 people worldwide.