PRESS RELEASE
News
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PRESS RELEASE
hGears AG Group: Economic weakness and destocking again impact revenues and earnings – already initiated countermeasures are proving successful.
hGears AG Group faces economic weakness and destocking impacting revenues and earnings in FY 2024. Countermeasures show success with stable balance sheet and cost optimizations -
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PRESS RELEASE
hGears AG Group: Destocking and the automotive crisis result in a decline in sales and earnings - structural and cost-cutting measures take effect
hGears AG Group experiences decline in sales and earnings due to destocking and automotive crisis, implements structural and cost-cutting measures. Detailed financial results and outlook provided
