Akwel: tenfold increase in net income for 1st half-year
The automotive equipment supplier saw sales rise by 11.8% (+16.2% on a like-for-like basis) to 545.8 million euros, a "level of activity approaching pre-crisis performance".
Akwel anticipates sales growth of around 10% for the year. Thanks to its first-half performance and better control of costs and selling prices, Akwel also expects to improve its operating profitability.
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