PWO Group Maintains Stability Amid Automotive Market Challenges Through Early Customer Collaboration

The PWO Group has reported stable financial performance through the first nine months of 2025 despite ongoing challenges in the global automotive industry, with the company's strategy of early customer collaboration and strong new business helping to offset market weakness. CEO Carlo Lazzarini emphasized that customers are involving the company in development projects at increasingly early stages, enabling joint realization of modern lightweight construction solutions at the limits of technological feasibility.

Revenue for the period reached EUR 403.4 million, down from EUR 421.2 million in the previous year, while EBIT before currency effects remained nearly stable at EUR 21.8 million compared to EUR 22.1 million previously. The company achieved a net profit of EUR 8.7 million, slightly below the previous year's EUR 9.7 million, while maintaining capital expenditure of EUR 28.2 million as part of its ongoing market expansion strategy.

Series productions and ramp-ups from strong new business in recent years have largely compensated for current market weakness, according to company statements. The lifetime volume of new business reached approximately EUR 535 million, exceeding the previous year's EUR 525 million, indicating continued customer confidence despite challenging market conditions. The company secured first orders from various new customers, including both automotive manufacturers and suppliers, expanding its portfolio across multiple locations.

Three new orders for the company's Serbia location in the third quarter alone secure the growth planned for that facility. The company is preparing for extensive new series launches across all locations, investing in buildings, equipment, and employee development. These investments contributed to a slightly negative free cash flow of EUR -2.9 million for the nine-month period, though management expects this to be offset in the fourth quarter.

PWO Group 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 expanding its market position and anticipates positive free cash flow in the low single-digit million euro range. The equity ratio remained stable at 37.7%, up slightly from 37.5% at the end of 2024.

The company's approach to shaping future mobility through lightweight construction solutions positions it at the forefront of industry megatrends including electrification, safety, and comfort. As Lazzarini noted, this early involvement in customer projects enables the realization of solutions at the technological limits, supporting the industry's transition toward more sustainable and efficient mobility solutions. The full report on the first nine months of 2025 is available on the PWO website.