HWA AG expects consolidated sales to continue to improve in 2019, impressive considering the loss of all sales with Daimler AG in the DTM. HWA AG was founded in 1999, and takes its name from Hans-Werner Aufrecht, who … Phone: + 49/ (0) 7144/ 8717- 279 HWA RACELAB will have a big name on board when it takes on the challenge that is the FIA Formula 2 Championship. Books were for burning, along with the houses in which they were hidden. Investor Relations/Press ----- HWA AG exceeds targets for 2017 Affalterbach, 26 April 2018 - HWA AG slightly exceeded its own expectations for 2017. HWA AG is an independent, 360 engineering specialist in the fields of automobile racing and high-performance cars. The Management Board is currently confident that this can be comfortably offset by new sources of revenues. Both men are already major shareholders at HWA AG and are also members of the company's Supervisory Board. The forecasts had specified a total operating performance of between EUR 80 … Giuliano Alesi (France), son of former Formula 1 driver Jean Alesi, will occupy one of the seats. HWA Team, also known as HWA RACELAB, is the auto racing team of HWA AG, a German company based in Affalterbach, that also develops and builds vehicles and components for Mercedes-AMG.. History. The team, which is a precursor for the Mercedes FE entry in 2019/20, will be based at a dedicated workshop designed at HWA's Affalterbach headquarters to house its race assembly area and simulator. The team, which is a precursor for Mercedes FE entry in 2019/20, will be based at a dedicated workshop designed at HWA's Affalterbach headquarters to house its race assembly area and simulator. One challenge the company will face in 2019 is making up for the loss of significant revenues in motorsports activity in the DTM racing series. As part of this growth and in order to strengthen equity, in December 2018 the Management Board made the decision to increase capital by up to 10% of share capital. A total of 511,500 new shares were placed at a price of EUR 13.87 per share. As part of this growth and in order to strengthen equity, in December 2018 the Management Board made the decision to increase capital by up to 10% of share capital. Vor-Ort-Support; Materialversorgung; Reparaturen, Revisionen Restaurationen; Unternehmen. HWA A32 Kompressor: Strong essences are kept in small bottles, an old saying tells.We have the small and stylish A-Class as a proof. Both segments, motor racing and vehicles/vehicle components, played a role in the good business development in 2018. Everyone understood it. Consolidated EBIT improved from EUR 1.9 million to EUR 5.3 million, in line with planning. In terms of operating activities, however, the partial consolidation of Vynamic GmbH will have an adverse effect on consolidated EBIT in 2019. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Affalterbach, 26 April 2018 - HWA AG slightly exceeded its own expectations for 2017. HWA RACELAB entered Formula E as a new team in the 2018/19 season, adding a future-oriented string to HWA’s wealth of racetrack expertise. Affalterbach, 5 th February 2021 – Oliver Rasmussen (Denmark) first took his place at the wheel of an HWA RACELAB car last October, at the post-season FIA Formula 3 tests in Jerez and Barcelona. Get the latest business insights from Dun & Bradstreet. Formed in 1998 by Hans Werner Aufrecht, the company is based in Affalterbach (Germany) and employs around 300 highly-qualified members of staff. The project is continuing to develop successfully. Benzstraße 8 HWA AG Dear shareholders, 2018 was a successful year for HWA AG! Archive at www.dgap.de. In sporting terms, we celebrated huge successes in the DTM. All in all, 2018 was a successful year for HWA AG. Affalterbach, 26 April 2019 - HWA AG generated record sales in 2018, slightly outperforming own expectations and with earnings just meeting the target. Affalterbach, 26 April 2019 – HWA AG generated record sales in 2018, slightly outperforming own expectations and with earnings just meeting the target. 26.04.2019 / 09:35 71563 Affalterbach All in all, 2018 was a successful year for HWA AG. For example, significant sales are expected to arise from participation in the Formula E racing series. Consolidated earnings before interest and taxes improved by EUR 0.5 million to EUR 3.4 million. HWA AG is an independent, 360 engineering specialist in the fields of automobile racing and high-performance cars. Sales topped the EUR 100 million mark for the first time in the motor racing company's history with Group sales totalling EUR 101.2 million in 2018, up on EUR 96.3 million in the previous year. Both segments, motor racing and vehicles/vehicle components, played a role in the good business development in 2018. ir@hwaag.comwww.hwaag.com. The forecasts had specified a total operating performance of between EUR 80 million and EUR 85 million and an EBIT margin of around 2.5%. Sales topped the EUR 100 million mark for the first time in the motor racing company’s history with Group sales totalling EUR 101.2 million in 2018, up on EUR 96.3 million in the previous year. EBIT is set to improve further this year in HWA AG’s separate financial statements.

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