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DE000A3CMGN3
Thu, 29.12.2022
hGears AG
hGears AG Group: Sven Arend appointed as Chairman of the Management Board (CEO)
Schramberg, 28 December 2022 – The Supervisory Board of hGears AG appointed today Mr. Sven Arend as a member of the Management Board and as the Chairman of the Management Board (CEO) of hGears AG with effect from 1 February 2023.
Sven Arend brings deep and rele [ … ]
Wed, 09.11.2022
hGears AG
hGears AG Group: 9M 2022 driven by e-Mobility’s ongoing expansion and ramp-up, despite volatile business conditions; Full-year outlook and medium-term targets confirmed
NINE-MONTHS 2022 HIGHLIGHTS
Group 9M 2022 revenues up 1.3% yoy to EUR 103.6 million
Gross profit of EUR 53.5 million, negatively impacted by ongoing input inflation, and refle [ … ]
Wed, 09.11.2022
hGears AG
hGears AG Group: 9M 2022 driven by e-Mobility’s ongoing expansion and ramp-up, despite volatile business conditions; Full-year outlook and medium-term targets confirmed
NINE-MONTHS 2022 HIGHLIGHTS
Group 9M 2022 revenues up 1.3% yoy to EUR 103.6 million
Gross profit of EUR 53.5 million, negatively impacted by ongoing input inflation, and refle [ … ]
Wed, 03.08.2022
hGears AG
hGears AG Group: First-half 2022 performance in line with communicated trends, sequential improvements in Q2; Full-year outlook and medium-term targets confirmed
FIRST-HALF 2022 HIGHLIGHTS
Group revenues for H1 2022 of EUR 70.9 million
Gross profit of EUR 36.8 million, reflecting a gross profit margin of 52.0% (54.6% on a like-for-like[1] bas [ … ]
Wed, 03.08.2022
hGears AG
hGears AG Group: First-half 2022 performance in line with communicated trends, sequential improvements in Q2; Full-year outlook and medium-term targets confirmed
FIRST-HALF 2022 HIGHLIGHTS
Group revenues for H1 2022 of EUR 70.9 million
Gross profit of EUR 36.8 million, reflecting a gross profit margin of 52.0% (54.6% on a like-for-like[1] bas [ … ]
Thu, 23.06.2022
hGears AG
hGears AG Group: Annual General Meeting approves all agenda items
HIGHLIGHTS OF THE ANUAL GENERAL MEETING 2022
- hGears successfully held its first Annual General Meeting following its IPO
- 75.6 % of the share capital were represented at the meeting
- All proposed resolutions approved
- CEO Pierluca Sartorello looks back on financial year tha [ … ]
Tue, 10.05.2022
hGears AG
hGears AG Group: First-quarter 2022 performance in line with expectations; New e-Mobility customer win in April; Full-year outlook and medium-term targets confirmed
FIRST-QUARTER 2022 HIGHLIGHTS
- Group revenues for Q1 2022 of EUR 34.0 million
- Gross profit reached EUR 18.8 million, reflecting a gross profit margin of 55.3% (58.3% on a like-fo [ … ]
Wed, 30.03.2022
hGears AG
hGears AG Group: Strong commercial performance in full-year 2021 paves path towards mid-term targets
FULL-YEAR 2021 HIGHLIGHTS
- Group revenues at EUR 134.9 million, up 6.9% y-o-y
- Gross profit increased to EUR 76.4 million, with gross margin at 56.6%
- At EUR 22.9 million, adjusted EBITDA increased 0.9%, with an adjusted EBITDA margin of 17. [ … ]
Wed, 22.12.2021
hGears AG
hGears AG Group announces successful signing of debt refinancing on improved terms and conditions
Schramberg, 22 December 2021. hGears AG ("hGears" or "Company"), a global manufacturer of high-precision gears and components with a focus on products for e-mobility applications, today announces that it has entered into a new credit facilities agreeme [ … ]
Thu, 11.11.2021
hGears AG
hGears AG Group continues its highly profitable growth path and reaffirms guidance
NINE MONTH 2021 HIGHLIGHTS
Group revenues at EUR 102.3 million, up 14.1% y-o-y
Gross margin up 240-bps to 58.1%, gross profit increased by 19.1% y-o-y to EUR 59.4 million
Adjusted EBITDA up 34.3% y-o-y to EUR 18.4 million, with adjusted EBITDA margin up 270-bps [ … ]