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PWO AG Confirms 2024 Financial Results Amid Uncertain Economic Climate

Stock price chart of Progress-Werk Oberkirch AG (EBR:PWO) showing fluctuations.

On March 21, 2025, PWO AG's Supervisory Board approved the 2024 financial statements, confirming provisional figures. The company maintained a stable revenue of EUR 555.1 million and an EBIT before currency effects of EUR 30 million. Capital expenditure jumped to EUR 46.2 million, and free cash flow significantly improved to EUR 33.3 million. A steady dividend of EUR 1.75 per share is proposed.

Looking ahead to 2025, guidance reflects potential economic disruptions from geopolitical factors, notably the U.S. policy impacts. Revenue is projected around EUR 530 million, with EBIT expected between EUR 23 million and EUR 28 million. PWO anticipates a positive, yet modest, free cash flow.

While PWO remains strategically positioned with 10 global sites, its operations continue to face challenges. The ongoing decarbonization strategy is vital, but emissions may temporarily plateau. The full 2024 Annual Report will be released on March 28, 2025.

R. P.

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