News
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PRESS RELEASE
hGears AG Group: Start to 2024 in line with expectations despite continued challenging environment
hGears AG Group reports Q1 2024 results in line with expectations despite challenging environment. Decline in sales due to e-Tools, positive developments in e-Bike & e-Mobility. Refinancing for next 3 years completed -
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PRESS RELEASE
hGears AG Group: Full Year 2023 performance impacted by industry-wide destocking; focus remains on driving operational flexibility across the business
hGears AG reports full year 2023 results, facing challenges from industry-wide destocking. Focus on operational flexibility and cash preservation. Group revenues at EUR 112.5 million, down 16.9% year-on-year