From GlobeNewswire: 2025-05-16 11:45:00

AKWEL, a systems supplier to the automotive and truck industries, may incur a non-recurring charge of -19 M€ for the 2025 fiscal year due to quality issues with SCR tanks. The agreement with the customer aims to resolve outstanding litigation, with provisions already set aside. Insurance cover may partially limit the impact of this charge. AKWEL, listed on Euronext Paris, specializes in fluid management, mechanisms, and parts for electric vehicles, with operations in 20 countries and 8,600 employees globally. Stay tuned for the First-half 2025 sales report on July 24, 2025. Contact AKWEL for more information.



Read more at GlobeNewswire: PROBABLE NON-RECURRING CHARGE FOR FISCAL 2025