PWO AG Predicts Revenue Decline at German Site for 2026

Progress-Werk Oberkirch AG (PWO AG) anticipates a further decline in revenue at its German production site in 2026. The company attributes the downturn to challenging framework conditions and customer planning. Consequently, the Group’s earnings before interest and taxes (EBIT) will be adversely affected. Although international subsidiaries may experience sales growth, the rising operating losses in Germany are likely to significantly reduce the overall Group’s consolidated EBIT.

Projections for 2026 estimate the revenue at approximately EUR 500 million, with EBIT expected in the range of EUR 13-17 million before currency effects. This represents a decline compared to the expected EUR 510 million in revenue and EUR 23-28 million EBIT for 2025. PWO’s German site faces competitive pressures and unfulfilled economic reforms, further complicating revenue prospects.

To avoid redundancies due to economic conditions, the German site is considering activating an employment-protection clause. Should the works council and the union accept this, a redundancy plan can be prevented in 2026.