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Stock market news: In short news style a la Twitter/X. Everything that is relevant - at a glance. The entry page for the informed investor. Compact, worth knowing and always up to date. Directly from the IR departments of the companies.
DE000A3CMGN3
Thu, 07.11.2024
hGears AG
hGears AG Group: Destocking and the automotive crisis result in a decline in sales and earnings - structural and cost-cutting measures take effect
FIRST-HALF 2024 HIGHLIGHTS
Group sales of EUR 72.6 million 13.6 % lower than in the previous year
Sales of e-Tools down, but further stabilisation in sequential quarterly comparison; e-Bike and [e]-Mo [ … ]
Fri, 25.10.2024
hGears AG
hGears AG adjusts its Full Year 2024 guidance
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No. 596/2014
Schramberg, 25 October 2024 - Based on the most recent order indications and expectations for the business development, the Management Board of hGears AG has adjusted its full year 2024 guidance.
The curren [ … ]
Tue, 13.08.2024
hGears AG
hGears AG Group: Results in the first half of 2024 in line with expectations despite economic weakness and ongoing destocking
FIRST-HALF 2024 HIGHLIGHTS
Group revenues of EUR 50.5 million 11.7% lower than in the previous year
Development in [e]-Mobility relatively constant, stabilization in e-Tools quarter-on-quarter, e-Bike continues to suffer [ … ]
Wed, 12.06.2024
hGears AG
hGears AG Group: Annual General Meeting approves all agenda items
HIGHLIGHTS OF THE ANUAL GENERAL MEETING 2024
hGears held its third Annual General Meeting as a listed company
70.04 % of the share capital were represented at the 2024 AGM
All proposed resolutions have been approved
CEO Sven Arend looked back on a financial year that was once ag [ … ]
Wed, 12.06.2024
hGears AG
hGears AG Group: Annual General Meeting approves all agenda items
HIGHLIGHTS OF THE ANUAL GENERAL MEETING 2024
hGears held its third Annual General Meeting as a listed company
70.04 % of the share capital were represented at the 2024 AGM
All proposed resolutions have been approved
CEO Sven Arend looked back on a financial year that was once ag [ … ]
Tue, 14.05.2024
hGears AG
hGears AG Group: Start to 2024 in line with expectations despite continued challenging environment
FIRST-QUARTER 2024 HIGHLIGHTS
Group sales of EUR 26.0 million 7.3 % lower than in the previous year
The positive development of e-Bike and [e]-Mobility only partially compensated for the downward trend in e-tools
Gross profit fell to EUR 11.6 mill [ … ]
Tue, 14.05.2024
hGears AG
hGears AG Group: Start to 2024 in line with expectations despite continued challenging environment
FIRST-QUARTER 2024 HIGHLIGHTS
Group sales of EUR 26.0 million 7.3 % lower than in the previous year
The positive development of e-Bike and [e]-Mobility only partially compensated for the downward trend in e-tools
Gross profit fell to EUR 11.6 mill [ … ]
Wed, 27.03.2024
hGears AG
hGears AG Group: Full Year 2023 performance impacted by industry-wide destocking; focus remains on driving operational flexibility across the business
FULL YEAR 2023 HIGHLIGHTS
Group revenues at EUR 112.5 million, down 16.9 % y-o-y
Gross profit at EUR 56.0 million, down 19.8 % y-o-y, gross margin at 49.8 % versus 51.6 % in FY 2022
Adjusted EBI [ … ]
Tue, 06.02.2024
hGears AG
hGears AG Group: Preliminary 2023 free cash flow significantly better than Management’s guidance; adjusted EBITDA in line despite marginal revenues miss
FULL YEAR 2023 PRELIMINARY RESULTS
Preliminary 2023 Group revenues EUR 112.5 million
Preliminary 2023 adjusted EBITDA EUR 5.6 million
Preliminary 2023 negative free cash flow EUR 3.1 mill [ … ]