FRIWO AG
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FRIWO AG
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FRIWO AG
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DE0006201106
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EQS Newswire is a major provider of regulatory and corporate news. It mainly serves companies, investors and media worldwide. Through its services, EQS Newswire enables efficient and secure communication between companies and their stakeholders. Its main services include the distribution of ad hoc announcements, corporate news and the publication of financial reports that meet strict international standards.
Thu, 07.11.2024
FRIWO counters persistently weak demand with high cost efficiency – growth momentum expected from 2025 onwards
Group revenue falls by 28% to 64.4 million euros after nine months
EBIT deteriorates only slightly to -2.9 million euros thanks to cost efficiency measures, third quarter slightly positive at 0.1 million euros
E-mobility joint venture i...
Tue, 22.10.2024
FRIWO adjusts forecast for 2024 due to continued weak demand - cost efficiency measures take effect
Ostbevern, 22 October 2024 – FRIWO - an international manufacturer of technically leading chargers and e-drive solutions - has to adjust its annual forecast for 2024 downwards in view of the noticeable economic weakness. In particular, the continuin...
Thu, 08.08.2024
Improved order intake in Q2 at FRIWO points to an upturn in the second half of 2024 – general growth trend in e-mobility intact
Group revenue in the first half of the year characterized by weak demand for e-mobility, revenue falls by 31% to 40.8 million euros
Half-year EBIT loss limited to -3.0 million euros thanks to cost efficiency measures
E-...
Wed, 12.06.2024
E-mobility joint venture in India in full swing, promising talks on market development in neighboring countries
Six of the world’s seven largest two- and three-wheeler manufacturers are already customers
New FAME III funding program from the Indian government expected
Promising talks about first customer orders and production in Indonesia and Vi...
Wed, 08.05.2024
FRIWO with expected moderate start in 2024 – outlook and return to operating profit in 2024 confirmed
Group revenue falls to 20.7 million euros in the first quarter of 2024 – EBIT loss of -1.8 million euros
E-mobility joint venture in India continues to see dynamic growth in demand
Outlook: Group revenue of 100 to 120 million euros and balanced ...
Thu, 25.04.2024
FRIWO AG with changes to the Management Board
Roald Gréboval will become a new member of the company's Executive Board from May 1, 2024
Predecessor Dr. Walter Demmelhuber leaves FRIWO for personal reasons
Ostbevern, April 25, 2024 – The Supervisory Board of FRIWO AG – an international manufacturer of technically leading chargers and e-drive solut...
Thu, 25.04.2024
FRIWO achieves guidance in the 2023 financial year – return to profitability in 2024 and clearly positive momentum expected for subsequent years
Group revenue falls to 111.1 million euros in the 2023 financial year, slightly above forecast
EBIT in line with expectations at -7.4 million euros, impacted by decline in sales, structural adjustments, ...
Thu, 21.03.2024
FRIWO streamlines production structures in Vietnam – operating targets confirmed for 2023 with the aim to return to profitability in 2024
Group Intellect Power Technology from Hong Kong takes over two component production sites in Vietnam and will act as a contract manufacturer for FRIWO in the future
Noticeable improvement in balance sheet quali...
Wed, 31.01.2024
FRIWO AG announces changes in the Executive Board
Oliver Freund joins the company as CFO as of 1 February 2024
Predecessor Tobias Tunsch requests early termination of his Executive Board contract for personal reasons, but will remain with FRIWO in an advisory capacity
Successful extension of the existing financing framework at the end of 2023
Os...
Fri, 29.12.2023
FRIWO separates from remaining production at the Ostbevern site
New owner Private Assets takes over the Ostbevern production site and will act as a contract manufacturer for FRIWO products manufactured in Europe in the future
Employees to be taken over by Private Assets, substantial savings potential expected at FRIWO
Stronger focus of the FRIWO...
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