PWO Group Maintains Strong Performance Despite Automotive Market Challenges

The PWO Group has demonstrated remarkable resilience in the face of global automotive industry challenges, reporting stable financial performance for the first nine months of 2025. Despite what CEO Carlo Lazzarini described as an "increasingly challenging" automotive sector and unstable geopolitical conditions, the company successfully limited the impact of market weakness on both revenue and earnings through strategic positioning and forward-looking investments.

Financial results for the period show revenue of EUR 403.4 million compared to EUR 421.2 million in the previous year, while EBIT before currency effects remained nearly stable at EUR 21.8 million versus EUR 22.1 million in 2024. The company's net profit for the period reached EUR 8.7 million, down from EUR 9.7 million in the prior year period, reflecting the challenging market conditions while maintaining profitability.

Lazzarini emphasized the strategic advantage of early customer involvement in development projects, stating that this approach enables the company to "jointly realize the full potential of modern lightweight construction solutions, for example, at the limits of what is technologically feasible." This collaborative approach positions PWO as a key player in shaping future mobility solutions, particularly in the critical area of lightweight construction where the company serves as a technology leader.

The company's success in new business development has been particularly noteworthy, with a lifetime volume of new business reaching approximately EUR 535 million, up from EUR 525 million in the previous year. This growth includes securing first orders from various new customers across both automotive manufacturers and suppliers, expanding the company's customer portfolio across its multiple global locations. Particularly significant were three new orders secured for the company's Serbia location in the third quarter alone, supporting planned growth in that region.

Capital expenditure increased to EUR 28.2 million from EUR 24.4 million in the previous year, reflecting the company's commitment to expanding its market position. These investments target buildings, equipment, and employee development as PWO prepares for extensive new series launches across all locations. While free cash flow was negative at EUR -2.9 million compared to positive EUR 22.8 million in the previous year, the company expects this to be offset in the fourth quarter.

Looking forward, PWO confirms its forecasts for fiscal year 2025, expecting revenue in the range of EUR 500-510 million and EBIT before currency effects between EUR 23-28 million. The company plans to invest approximately EUR 40 million in further market position expansion and anticipates positive free cash flow in the low single-digit million euro range. The equity ratio is expected to remain stable at around 37.5%, with a net debt ratio below 2.5 years.

The company's strategic focus on new business development continues with a target lifetime volume of EUR 550-600 million for 2025. The full report on the first nine months of 2025 will be published on the PWO website at https://www.pwo-group.com/en/press-and-investors/mediacenter/reports-and-publications/. This sustained performance amid industry challenges demonstrates PWO's ability to navigate market volatility while maintaining growth trajectory through strategic partnerships and technological leadership in lightweight metal solutions.