EQS-News: FRIWO AG / Key word(s): Annual Report/Annual Results FRIWO’s new strategic direction shows first positive effects – revenue and earnings improvements expected for the coming years 24.04.2025 / 15:00 CET/CEST The issuer is solely responsible for the content of this announcement. FRIWO’s new strategic direction shows first positive effects – revenue and earnings improvements expected for the coming years Financial and strategic realignment proceeding according to plan Financial...
EQS-News: FRIWO AG / Key word(s): Annual Report/Preliminary Results FRIWO achieves revised annual targets for 2024 – growth momentum expected from 2025 15.04.2025 / 09:00 CET/CEST The issuer is solely responsible for the content of this announcement. FRIWO achieves revised annual targets for 2024 – growth momentum expected from 2025 Group revenue of 93.0 million euros in 2024 within the forecast range EBIT improved to -3.6 million euros year-on-year Financial and strategic realignment is...
EQS-News: FRIWO AG / Key word(s): Miscellaneous/Miscellaneous FRIWO with financial realignment that will lay the foundation for future profitable growth 14.02.2025 / 14:15 CET/CEST The issuer is solely responsible for the content of this announcement. FRIWO with financial realignment that will lay the foundation for future profitable growth High cash inflow expected from the sale of the minority stake in the Indian joint venture and from the sale of large parts of the industrial business Debt to...
EQS-Ad-hoc: FRIWO AG / Key word(s): Disposal/Joint Venture FRIWO AG: 14-Feb-2025 / 14:07 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. FRIWO is divesting itself of its stake in a joint venture and creating a financial basis for future growth Ostbevern, February 14, 2025 – FRIWO today signed agreements - following the...
EQS-News: FRIWO AG / Key word(s): Miscellaneous/Personnel FRIWO AG reorganizes its Executive Board and completes generational transition 17.01.2025 / 18:08 CET/CEST The issuer is solely responsible for the content of this announcement. FRIWO AG reorganizes its Executive Board and completes generational transition Dominik Wöffen and Ina Klassen new members of the Executive Board as of January 1, 2025 Former Co-CEO Rolf Schwirz becomes advisor to the Supervisory Board Contract with Roald...
EQS-Ad-hoc: FRIWO AG / Key word(s): Miscellaneous/Agreement FRIWO AG: FRIWO is divesting its DIN rail power supply business 31-Dec-2024 / 16:54 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. FRIWO is divesting its DIN rail power supply business Ostbevern, 31 December 2024 – FRIWO – an international product and system...
EQS-News: FRIWO AG / Key word(s): Quarterly / Interim Statement/9 Month figures FRIWO counters persistently weak demand with high cost efficiency – growth momentum expected from 2025 onwards 07.11.2024 / 09:00 CET/CEST The issuer is solely responsible for the content of this announcement. 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...
EQS-Ad-hoc: FRIWO AG / Key word(s): Forecast/Change in Forecast FRIWO AG: FRIWO adjusts forecast for 2024 due to continued weak demand - cost efficiency measures take effect 22-Oct-2024 / 20:34 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. FRIWO adjusts forecast for 2024 due to continued weak demand - cost efficiency...
EQS-News: FRIWO AG / Key word(s): Half Year Results/Half Year Report Improved order intake in Q2 at FRIWO points to an upturn in the second half of 2024 – general growth trend in e-mobility intact 08.08.2024 / 08:30 CET/CEST The issuer is solely responsible for the content of this announcement. 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...
EQS-News: FRIWO AG / Key word(s): Miscellaneous/Miscellaneous E-mobility joint venture in India in full swing, promising talks on market development in neighboring countries 12.06.2024 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. 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...
EQS-News: FRIWO AG / Key word(s): Quarterly / Interim Statement/Quarter Results FRIWO with expected moderate start in 2024 – outlook and return to operating profit in 2024 confirmed 08.05.2024 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. 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...
EQS-News: FRIWO AG / Key word(s): Miscellaneous/Personnel FRIWO AG with changes to the Management Board 25.04.2024 / 18:24 CET/CEST The issuer is solely responsible for the content of this announcement. 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...
EQS-News: FRIWO AG / Key word(s): Annual Report/Annual Results FRIWO achieves guidance in the 2023 financial year – return to profitability in 2024 and clearly positive momentum expected for subsequent years 25.04.2024 / 18:20 CET/CEST The issuer is solely responsible for the content of this announcement. 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...
EQS-News: FRIWO AG / Key word(s): Annual Report/Alliance FRIWO streamlines production structures in Vietnam – operating targets confirmed for 2023 with the aim to return to profitability in 2024 21.03.2024 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. 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...
EQS-News: FRIWO AG / Key word(s): Personnel/Miscellaneous FRIWO AG announces changes in the Executive Board 31.01.2024 / 13:00 CET/CEST The issuer is solely responsible for the content of this announcement. 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...
EQS-News: FRIWO AG / Key word(s): Disposal/Alliance FRIWO separates from remaining production at the Ostbevern site 29.12.2023 / 10:00 CET/CEST The issuer is solely responsible for the content of this announcement. 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...
EQS-News: FRIWO AG / Key word(s): Quarterly / Interim Statement/9 Month figures FRIWO still affected by declining demand in Europe – positive momentum expected for 2024 and subsequent years 09.11.2023 / 08:30 CET/CEST The issuer is solely responsible for the content of this announcement. FRIWO still affected by declining demand in Europe – positive momentum expected for 2024 and subsequent years Nine-month turnover falls to 89.5 million euros EBIT slips into the red at -2.3 million euros –...
EQS-Ad-hoc: FRIWO AG / Key word(s): Annual Results/Change in Forecast FRIWO AG: FRIWO has to adjust annual forecast for 2023 again due to declining order situation 20-Oct-2023 / 18:58 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. FRIWO has to adjust annual forecast for 2023 again due to declining order situation...
EQS-News: FRIWO AG / Key word(s): Personnel/Miscellaneous FRIWO AG: FRIWO AG expands Executive Board 04.10.2023 / 09:00 CET/CEST The issuer is solely responsible for the content of this announcement. FRIWO AG expands Executive Board Dr Walter Demmelhuber joins the Executive Board team as of 1 October 2023 His responsibilities include sales for the core business as well as operations (excl. India) Appointment underscores FRIWO’s global growth ambitions as a leading e-mobility solution provider...
EQS-News: FRIWO AG / Key word(s): Half Year Results/Half Year Report FRIWO AG: FRIWO impacted by declining demand in segment e-mobility in the second quarter - production accelerates within the Indian joint venture 10.08.2023 / 14:00 CET/CEST The issuer is solely responsible for the content of this announcement. FRIWO impacted by declining demand in segment e-mobility in the second quarter - production accelerates within the Indian joint venture Quarterly turnover of 28.8 million euros...