JOST Werke SE Announces Capital Increase

JOST Werke SE has initiated a capital increase by issuing up to 1,490,000 new shares, anticipated to boost up to 10% of its share capital. This decision aims to enhance financial flexibility for future mergers and acquisitions, aligning with the firm's AMBITION 2030 strategy. The new shares will be offered to institutional investors through a private placement using an accelerated bookbuilding process.

CEO Joachim Dürr emphasized that this move builds on the strategic Hyva acquisition and supports further profitable growth. The new shares, eligible for dividends from January 2025, are expected to commence trading on the Frankfurt Stock Exchange by early March 2026.

Proceeds from this initiative are intended to strengthen JOST’s global presence in the off-highway segment, aiming to balance revenue streams across different markets while improving profitability and resilience.