News
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PRESS RELEASE
EQS-Adhoc: FRIWO AG: FRIWO adjusts forecast for 2024 due to continued weak demand - cost efficiency measures take effect
FRIWO adjusts 2024 forecast due to weak demand, implementing cost efficiency measures. Sales expected EUR 90-95 million, leading to slight EBIT loss, but positive long-term growth outlook -
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PRESS RELEASE
Improved order intake in Q2 at FRIWO points to an upturn in the second half of 2024 – general growth trend in e-mobility intact
FRIWO AG anticipates an upturn in the second half of 2024 with improved order intake in Q2, driven by e-mobility growth. Half-year results show limited EBIT loss and confirmed outlook for 2024 -
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PRESS RELEASE
E-mobility joint venture in India in full swing, promising talks on market development in neighboring countries
FRIWO AG's e-mobility joint venture in India gains momentum with talks on expanding to neighboring countries, including Indonesia and Vietnam. Anticipated growth with FAME III program support and potential for increased license income -
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