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PWO Group Navigates Challenging Q1 2025 with Strategic Resilience

Stock price chart of Progress-Werk Oberkirch AG (EBR:PWO) showing fluctuations.

In the first quarter of 2025, PWO Group, led by CEO Carlo Lazzarini, demonstrated resilience amid a market slowdown and global trade disruptions due to new U.S. tariffs. The company reported a revenue of EUR 137.0 million, down from EUR 146.8 million the previous year. EBIT before currency effects decreased to EUR 5.5 million, with a net profit of EUR 1.7 million compared to EUR 3.3 million the prior year.

The company emphasizes its "local for local" strategy, minimizing tariff impacts by sourcing and producing locally. Capital expenditure increased to EUR 6.5 million as PWO expands its operations, including a new facility in Serbia opening in Q2 2025.

Despite current challenges, PWO secured a lifetime volume of new business worth EUR 195 million and maintained a stable equity ratio of 37.2%. The company remains optimistic about meeting its revenue and EBIT targets through strategic management measures.

R. E.

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