PWO AG · ISIN: DE0006968001 · EQS - Company News

PWO Group on track in the nine-month period of 2024

PWO Group on track in the nine-month period of 2024 Carlo Lazzarini (CEO): "We have done our homework in recent years and strengthened our resilience. That is why we can continue to pursue our corporate strategy even in challenging times." The strong new business of recent years is currently offsetting weaker customer call-offs Our forecasts for revenue, earnings and balance sheet key figures in the 2024 financial year can be confirmed New business exceeds expectations Oberkirch, November 13...

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13 November 2024 08:00AM
PWO Group on track in the nine-month period of 2024
PWO Group on track in the nine-month period of 2024 Carlo Lazzarini (CEO): "We have done our homework in recent years and strengthened our resilience. That is why we can continue to pursue our corporate strategy even in challenging times." The strong new business of recent years is currently offsetting weaker customer call-offs Our forecasts for...
PWO AG
09 August 2024 09:18AM
PWO Group stays on track for success in the first half of the year
PWO Group stays on track for success in the first half of the year   Carlo Lazzarini (CEO): "At a time when the global economy is experiencing uneven development and sales figures in the mobility industry are rather subdued, our strength demonstrates the PWO Group's high level of competitiveness." Continuing positive business performance Strong ...
PWO AG
18 July 2024 05:06PM
PWO Group expands Mexican locations further
PWO Group expands Mexican locations further   Carlo Lazzarini (CEO): “We have acquired a high volume of new business in Mexico in recent years. Now we are preparing our locations for further profitable growth by adding additional space for tool logistics.” Oberkirch, July 18, 2024 – The PWO Group will more than double capacity in tool logistics i...
PWO AG
07 June 2024 02:15PM
PWO Annual General Meeting approves all agenda items with a large majority
Press Release   PWO Annual General Meeting approves all agenda items with a large majority Carlo Lazzarini (CEO): "Following a successful 2023, we will continue to strengthen the PWO Group and further expand its global market position in 2024." Increase of the dividend per share from EUR 1.65 to EUR 1.75 for the 2023 financial year Confirmatio...
PWO AG
28 May 2024 04:07PM
PWO AG continues growth
Press release PWO AG continues growth Carlo Lazzarini (CEO): "The PWO Group's momentum continues unabated: With our new site in Serbia, we are once again strengthening our market position." Groundbreaking ceremony for new engineering and production site First series production scheduled for end of 2025 Several series orders already won for th...
PWO AG
28 May 2024 04:07PM
PWO AG continues growth
Press release PWO AG continues growth Carlo Lazzarini (CEO): "The PWO Group's momentum continues unabated: With our new site in Serbia, we are once again strengthening our market position." Groundbreaking ceremony for new engineering and production site First series production scheduled for end of 2025 Several series orders already won for th...
PWO AG
15 May 2024 08:30AM
PWO reports successful start to new fiscal year 2024
Press release PWO reports successful start to new fiscal year 2024 Carlo Lazzarini (CEO): “We intend to systematically press ahead with the strategic enhancement and continuous expansion of the PWO Group’s market position at a fast pace in 2024 as well. The first quarter shows that we are making good progress.” Higher revenue growth than anticip...
PWO AG
28 March 2024 03:51PM
PWO further accelerates the decarbonization of the Group
Press Release PWO further accelerates the decarbonization of the Group Carlo Lazzarini (CEO): "Climate protection is right at the top of PWO's agenda. We will now only use green electricity at our Mexican sites starting from 2024. We have set our course for the future: Within just a few years, we will have converted the Group almost entirely to g...
PWO AG
28 March 2024 03:51PM
PWO further accelerates the decarbonization of the Group
Press Release PWO further accelerates the decarbonization of the Group Carlo Lazzarini (CEO): "Climate protection is right at the top of PWO's agenda. We will now only use green electricity at our Mexican sites starting from 2024. We have set our course for the future: Within just a few years, we will have converted the Group almost entirely to g...
PWO AG
21 March 2024 04:09PM
PWO Supervisory Board meeting to approve financial statements
Press release PWO Supervisory Board meeting to approve financial statements Carlo Lazzarini (CEO): “We have pursued a shareholder-friendly dividend policy for many years. With the proposed increase for 2023 we are continuing this tradition.” Provisional figures for fiscal 2023 confirmed Dividend of EUR 1.75 per share (PY: EUR 1.65 per share) pr...
PWO AG
26 February 2024 11:00AM
PWO Group Achieves Decarbonization Milestone Ahead of Schedule
Press release   PWO Group Achieves Decarbonization Milestone Ahead of Schedule Carlo Lazzarini (CEO): “Our sustainability strategy is having an impact. After just 4 years, we have surpassed our 2030 targets for reducing greenhouse gas emissions ahead of schedule. This means that we are reducing our carbon footprint faster than the 1.5-degree pa...
PWO AG
22 February 2024 01:44PM
PWO reports provisional figures for 2023
PWO reports provisional figures for 2023   Carlo Lazzarini (CEO): “We again performed very well in 2023. Our aim for 2024 is to continue the PWO Group’s success story. We have laid the foundations for expanding our global market position, increasing profitability and decarbonizing our business.”   Successful business performance in 2023 Promisi...
PWO AG
13 December 2023 09:00AM
PWO Group advances its sustainability strategy with the purchase of “green steel” starting in 2026
PWO Group advances its sustainability strategy with the purchase of “green steel” starting in 2026   Carlo Lazzarini (CEO): "We have already achieved extensive reductions in greenhouse gas emissions in our production and energy procurement processes. Now we are also accelerating the decarbonization of our value chain. This step reiterates our com...
PWO AG
08 November 2023 08:00AM
PWO Group continues positive development in first 9 months of 2023
PWO Group continues positive development in first 9 months of 2023   Carlo Lazzarini (CEO): “We are making good progress in all areas of strategic importance to the Group. The independence of our business model from internal combustion engines, high innovative strength, global expansion, green transformation - these are the building blocks with w...
PWO AG
06 October 2023 10:12AM
PWO remains on track for success and raises its forecasts
Ad hoc disclosure in accordance with Article 17 MAR PWO remains on track for success and raises its forecasts Oberkirch, October 6, 2023 - The PWO Group continues its successful business development. Therefore, the Executive Board decided today to raise its guidance for fiscal year 2023. The Group continues to pursue a profitable growth course....
PWO AG
28 August 2023 08:00AM
PWO locations in China switch to green electricity
Press Release PWO locations in China switch to green electricity   Carlo Lazzarini (CEO): “Climate change is not just on its way – it is already here. Now decisive action is needed to limit further warming of our planet. We are therefore switching our locations in China to green electricity by 2026.” At the Suzhou location, a photovoltaic syste...
PWO AG
08 August 2023 08:00AM
PWO Group reports successful business performance in first half of 2023
PWO Group reports successful business performance in first half of 2023  Carlo Lazzarini (CEO): “We are systematically continuing our profitable growth strategy and thereby separating ourselves from the current economic cycle. We are shaping the mobility of the future with our business model, which is entirely independent of internal combustion en...
PWO AG
26 July 2023 10:26AM
PWO more confident for fiscal 2023 and raises latest forecasts
Ad hoc disclosure in accordance with Article 17 MAR   PWO more confident for fiscal 2023 and raises latest forecasts   Oberkirch, July 26, 2023 – The PWO Group is currently preparing its half-year financial report for fiscal 2023. Indications are emerging that the previous risk assessments of possible losses due to current cost increases in v...
PWO AG
26 July 2023 10:26AM
PWO more confident for fiscal 2023 and raises latest forecasts
Ad hoc disclosure in accordance with Article 17 MAR   PWO more confident for fiscal 2023 and raises latest forecasts   Oberkirch, July 26, 2023 – The PWO Group is currently preparing its half-year financial report for fiscal 2023. Indications are emerging that the previous risk assessments of possible losses due to current cost increases in v...
PWO AG
03 July 2023 08:00AM
PWO Group expands toolmaking capacities in eastern Europe as part of its growth strategy
PWO Group expands toolmaking capacities in eastern Europe as part of its growth strategy Carlo Lazzarini (CEO): “Our German and other European customers have significantly stepped up their presence in eastern Europe in recent years and are continuing to do so. The establishment of a subsidiary in Serbia and this capacity expansion lay the groundwo...
PWO AG
03 July 2023 08:00AM
PWO Group expands toolmaking capacities in eastern Europe as part of its growth strategy
PWO Group expands toolmaking capacities in eastern Europe as part of its growth strategy Carlo Lazzarini (CEO): “Our German and other European customers have significantly stepped up their presence in eastern Europe in recent years and are continuing to do so. The establishment of a subsidiary in Serbia and this capacity expansion lay the groundwo...
PWO AG
12 May 2023 08:00AM
Progress-Werk Oberkirch AG: PWO reports figures for first quarter of 2023
Carlo Lazzarini (CEO): “At the start of the current fiscal year, we achieved all of our main targets and further strengthened the competitiveness of the PWO Group.”   Encouraging revenue growth High level of new business Forecast for fiscal 2023 fully confirmed Financing secured New management structure gives the Group even more clout   O...
Progress-Werk Oberkirch AG
12 May 2023 08:00AM
PWO reports figures for first quarter of 2023
Carlo Lazzarini (CEO): “At the start of the current fiscal year, we achieved all of our main targets and further strengthened the competitiveness of the PWO Group.”   Encouraging revenue growth High level of new business Forecast for fiscal 2023 fully confirmed Financing secured New management structure gives the Group even more clout   O...
Progress-Werk Oberkirch AG
11 May 2023 01:35PM
Progress-Werk Oberkirch AG: PWO's 100th Annual General Meeting approves all agenda items by a large majority
Carlo Lazzarini (CEO): "We continue to steadily pursue our profitable growth strategy and continuously expand the PWO Group. The high level of new business in the first quarter of 2023 underscores once again our strong market position."   Distribution of a dividend of EUR 1.65 per share for fiscal year 2022 Change in company name to PWO AG Con...
Progress-Werk Oberkirch AG
11 May 2023 01:35PM
PWO's 100th Annual General Meeting approves all agenda items by a large majority
Carlo Lazzarini (CEO): "We continue to steadily pursue our profitable growth strategy and continuously expand the PWO Group. The high level of new business in the first quarter of 2023 underscores once again our strong market position."   Distribution of a dividend of EUR 1.65 per share for fiscal year 2022 Change in company name to PWO AG Con...
Progress-Werk Oberkirch AG
25 April 2023 03:30PM
PWO AG reduces Executive Board to 2 members
Oberkirch, April 25, 2023 - Johannes Obrecht, member of the Executive Board of PWO AG and Chief Operating Officer since July 2016, has informed the Supervisory Board of PWO AG at an early stage that, for private reasons, he plans not to extend his contract, which expires in June 2024, in order to be able to devote himself to new tasks in the future...
Progress-Werk Oberkirch AG
25 April 2023 03:30PM
Progress-Werk Oberkirch AG: PWO AG reduces Executive Board to 2 members
Oberkirch, April 25, 2023 - Johannes Obrecht, member of the Executive Board of PWO AG and Chief Operating Officer since July 2016, has informed the Supervisory Board of PWO AG at an early stage that, for private reasons, he plans not to extend his contract, which expires in June 2024, in order to be able to devote himself to new tasks in the future...
Progress-Werk Oberkirch AG
11 April 2023 03:30PM
Progress-Werk Oberkirch AG: Change in the Management Board of PWO AG
Oberkirch, April 11, 2023 - In December 2022, the Supervisory Board of PWO AG had offered Dr. Cornelia Ballwießer, member of the Executive Board and CFO of PWO AG since November 1, 2020, to extend her contract, which expires on October 31, 2023, by 5 years. At the end of January 2023, Dr. Ballwießer informed the Supervisory Board that she did not w...
Progress-Werk Oberkirch AG
11 April 2023 03:30PM
Change in the Management Board of PWO AG
Oberkirch, April 11, 2023 - In December 2022, the Supervisory Board of PWO AG had offered Dr. Cornelia Ballwießer, member of the Executive Board and CFO of PWO AG since November 1, 2020, to extend her contract, which expires on October 31, 2023, by 5 years. At the end of January 2023, Dr. Ballwießer informed the Supervisory Board that she did not w...
Progress-Werk Oberkirch AG
27 March 2023 08:59AM
Progress-Werk Oberkirch AG: PWO becomes a partner in the Black Forest Innovation sustainable innovation hub
The global PWO Group is stepping up its commitment to a sustainable industrial transformation and supporting strong local partners   Carlo Lazzarini (CEO): “When it comes to sustainability, we think globally and act locally. Our sponsorship of the Black Forest Innovation Sustainability Forum and start-up accelerator is expanding our commitment to...
Progress-Werk Oberkirch AG
27 March 2023 08:59AM
PWO becomes a partner in the Black Forest Innovation sustainable innovation hub
The global PWO Group is stepping up its commitment to a sustainable industrial transformation and supporting strong local partners   Carlo Lazzarini (CEO): “When it comes to sustainability, we think globally and act locally. Our sponsorship of the Black Forest Innovation Sustainability Forum and start-up accelerator is expanding our commitment to...
Progress-Werk Oberkirch AG
23 March 2023 12:39PM
Progress-Werk Oberkirch AG: PWO Supervisory Board meeting to approve financial statements
Carlo Lazzarini (CEO): “2022 was a very successful year for the PWO Group. Among all the successes, the new sales markets that we tapped are particularly noteworthy. In our traditional business, we support our customers by providing efficient solutions that help them achieve their decarbonization goals. Now, we aim to make an even greater contribut...
Progress-Werk Oberkirch AG
23 March 2023 12:39PM
PWO Supervisory Board meeting to approve financial statements
Carlo Lazzarini (CEO): “2022 was a very successful year for the PWO Group. Among all the successes, the new sales markets that we tapped are particularly noteworthy. In our traditional business, we support our customers by providing efficient solutions that help them achieve their decarbonization goals. Now, we aim to make an even greater contribut...
Progress-Werk Oberkirch AG
07 March 2023 01:21PM
PWO reports preliminary figures for 2022   
Satisfactory business development in 2022 Outlook for the fiscal year 2023 further specified   Carlo Lazzarini (CEO): "2022 was a successful year for us. Several of our locations exceeded key revenue thresholds. For the first time, the PWO Group realized revenues of more than EUR 500 million. And with the highest volume of new business in the co...
Progress-Werk Oberkirch AG
07 March 2023 01:21PM
Progress-Werk Oberkirch AG: PWO reports preliminary figures for 2022   
Satisfactory business development in 2022 Outlook for the fiscal year 2023 further specified   Carlo Lazzarini (CEO): "2022 was a successful year for us. Several of our locations exceeded key revenue thresholds. For the first time, the PWO Group realized revenues of more than EUR 500 million. And with the highest volume of new business in the co...
Progress-Werk Oberkirch AG
02 March 2023 10:52AM
PWO joins the Klimabündnis Baden-Württemberg
PWO becomes part of a strong and important alliance for the future of the region  Dr. Cornelia Ballwießer (CFO): "We are entering into a strong alliance for climate protection with the Klimabündnis (Climate Alliance) of the State of Baden-Württemberg. Since we are very aware of the urgency of climate change we want to take responsibility together ...
Progress-Werk Oberkirch AG
02 March 2023 10:52AM
Progress-Werk Oberkirch AG: PWO joins the Klimabündnis Baden-Württemberg
PWO becomes part of a strong and important alliance for the future of the region  Dr. Cornelia Ballwießer (CFO): "We are entering into a strong alliance for climate protection with the Klimabündnis (Climate Alliance) of the State of Baden-Württemberg. Since we are very aware of the urgency of climate change we want to take responsibility together ...
Progress-Werk Oberkirch AG
23 February 2023 10:39AM
Progress-Werk Oberkirch AG:   PWO exceeds revenue and earnings forecast for 2022 fiscal year
Oberkirch, February 23, 2023 – The PWO Group is currently preparing its annual financial statements for the 2022 fiscal year. In addition to a good business development in December 2022, the current status also indicates that non-recurring effects among others from reversals of impairment losses on non-current assets will have a positive impact on ...
Progress-Werk Oberkirch AG
23 February 2023 10:39AM
  PWO exceeds revenue and earnings forecast for 2022 fiscal year
Oberkirch, February 23, 2023 – The PWO Group is currently preparing its annual financial statements for the 2022 fiscal year. In addition to a good business development in December 2022, the current status also indicates that non-recurring effects among others from reversals of impairment losses on non-current assets will have a positive impact on ...
Progress-Werk Oberkirch AG
14 November 2022 10:00AM
PWO enters into supplementary collective bargaining agreement with 37.5 weekly working hours
Carlo Lazzarini (CEO): “The Executive Board of the PWO Group is delighted that working hours will remain at 37.5 hours per week in the future at the Oberkirch location. This is important when it comes to ensuring the production site is in the best-possible position against competitors despite increasingly challenging general conditions in German in...
Progress-Werk Oberkirch AG
14 November 2022 10:00AM
Progress-Werk Oberkirch AG: PWO enters into supplementary collective bargaining agreement with 37.5 weekly working hours
Carlo Lazzarini (CEO): “The Executive Board of the PWO Group is delighted that working hours will remain at 37.5 hours per week in the future at the Oberkirch location. This is important when it comes to ensuring the production site is in the best-possible position against competitors despite increasingly challenging general conditions in German in...
Progress-Werk Oberkirch AG
08 November 2022 09:00AM
PWO aims for a greater focus on SMEs in the supply industry at the World Climate Conference
Carlo Lazzarini (CEO): “SMEs in the mobility supply industry play a key role in reconciling climate protection and economic growth. They need to feature more prominently in the climate protection debate. We are showing how it can be done, and are advancing our sustainable transformation at PWO with speed and passion.”  Targeted engagement with lik...
Progress-Werk Oberkirch AG
08 November 2022 09:00AM
Progress-Werk Oberkirch AG: PWO aims for a greater focus on SMEs in the supply industry at the World Climate Conference
Carlo Lazzarini (CEO): “SMEs in the mobility supply industry play a key role in reconciling climate protection and economic growth. They need to feature more prominently in the climate protection debate. We are showing how it can be done, and are advancing our sustainable transformation at PWO with speed and passion.”  Targeted engagement with lik...
Progress-Werk Oberkirch AG
03 November 2022 04:54PM
PWO reports figures for the first 9 months of 2022 and raises forecasts for the current fiscal year  
Oberkirch/Valašské Meziříčí/Kitchener/Puebla/Suzhou/ November 3, 2022 – The PWO Group is currently preparing its financial statements for the third quarter and the first 9 months of 2022 and is updating its planning for the current fiscal year. With business-development figures now firmed up to a sufficient extent, the Group now publishes figures f...
Progress-Werk Oberkirch AG
03 November 2022 04:54PM
Progress-Werk Oberkirch AG: PWO reports figures for the first 9 months of 2022 and raises forecasts for the current fiscal year  
Oberkirch/Valašské Meziříčí/Kitchener/Puebla/Suzhou/ November 3, 2022 – The PWO Group is currently preparing its financial statements for the third quarter and the first 9 months of 2022 and is updating its planning for the current fiscal year. With business-development figures now firmed up to a sufficient extent, the Group now publishes figures f...
Progress-Werk Oberkirch AG
09 August 2022 08:00AM
Progress-Werk Oberkirch AG: PWO reports good business performance in first half of 2022
Dr. Cornelia Ballwießer (CFO): “We are continuing to navigate the PWO Group safely through the current general economic and geopolitical challenges. This underscores our positive business performance in the first six months.”   All locations are contributing to the positive performance New business grows for the fourth quarter in a row General ...
Progress-Werk Oberkirch AG
09 August 2022 08:00AM
PWO reports good business performance in first half of 2022
Dr. Cornelia Ballwießer (CFO): “We are continuing to navigate the PWO Group safely through the current general economic and geopolitical challenges. This underscores our positive business performance in the first six months.”   All locations are contributing to the positive performance New business grows for the fourth quarter in a row General ...
Progress-Werk Oberkirch AG
26 July 2022 08:00AM
Sustainability at PWO picks up speed - the Group participates in the next World Climate Conference and is a member of Global Vision 2045
Carlo Lazzarini (CEO): "The decision to participate in the next World Climate Conference and become a member of Global Vision 2045 was a heartfelt one. In view of the transformation of the mobility industry, we are instrumental in shaping sustainability in our sector. Our strategy is geared towards continuous and sustainable change in all our divis...
Progress-Werk Oberkirch AG
More PWO AG related information
Type Total Last Made by Go to
Corporate Research 0 - - Corporate Research
Directors Dealings 13 3rd January 2024 Consult Invest Beteiligungsberatungs-GmbH DD
Short Seller (DE) 0 - - SSR (DE)
Short Seller (UK) 0 - - SSR (UK)
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