Akwel 2025 earnings down on dispute settlement

Champfromier, France — French automotive and heavy vehicle parts maker Akwel has reported a 58% year-on-year decline in full-year earnings (EBITDA) for 2025, due mainly to a customer dispute settlement.

In a 2 April annual report, Akwel said earnings fell to €36.7 million, reflecting “a net cost of €19.6 million” of the settlement related to its SCR (selective catalytic reduction) tanks.

Earnings also included “a non-recurring expense of €13.1 million related to industrial restructuring costs,” linked mainly to adjusting production capacity following the end of SCR tank production.

Meanwhile, Akwel said full year revenue dropped 5.1% to €938.3 million, broadly in line with earlier disclosures.

Sales were down across all regions with EMEA posting a year-on-year decline of 5.4%, while the Americas and Asia saw revenue fall by 4.1% and 7.3% respectively.

Akwel said the year was marked by “a decline in business activity that accelerated in the second half,” although it reported “effective control of expenses and payroll costs.”

Looking ahead, Akwel warned of continued pressure in 2026, citing “a combination of several unfavourable factors.”

These, it said, include declining SCR tank volumes, “recurring difficulties in the automotive market, particularly in Europe,” and programme delays or cancellations by car makers.

As a result, the group expects revenue to decline by 12-15% this year and said it will continue to adapt production capacity while maintaining investment across different powertrain technologies.