News
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PRESS RELEASE
hGears AG Group: Destocking and the automotive crisis result in a decline in sales and earnings - structural and cost-cutting measures take effect
hGears AG Group experiences decline in sales and earnings due to destocking and automotive crisis, implements structural and cost-cutting measures. Detailed financial results and outlook provided -
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PRESS RELEASE
hGears AG Group: Results in the first half of 2024 in line with expectations despite economic weakness and ongoing destocking
hGears AG Group reports first-half 2024 results in line with expectations despite economic challenges and ongoing destocking. Revenue decline attributed to e-Bike and e-Tools divisions -