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2nd Quarter/1st Half-Year 2010

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News 2007

December 6, 2007 (Press release)
PWO honoured by customers

Oberkirch, December 5, 2007 ? Progress-Werk Oberkirch AG has received two major awards from top-flight companies. Continental Automotive Systems has presented PWO with the coveted 2006 Supplier of the Year Award,  ...  more

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November 13, 2007 (Press release)
Top marks for PWO vocational training

Progress-Werk Oberkirch AG has an exceptional track record in staff training, as evidenced by this year's examination results achieved by the company's trainees taking part in the PWO vocational training ...  more

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November 8, 2007 (Ad hoc announcement)
PWO records continued growth and upgrades forecast for 2007

Progress-Werk Oberkirch AG and the Group as a whole carried their momentum gained in the first half of 2007 forward to the third quarter. In doing so, PWO has outpaced its original forecasts concerning annual revenue and  ...  more

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October 31, 2007 (Press release)
PWO makes preparations for growth in Mexico

Progress-Werk Oberkirch AG is currently positioning its high-tech expertise and competitive strength in Mexico. In preparation of planned expansion over the coming years PWO?s Mexican subsidiary  ...  more

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October 8, 2007 (Press release)

PWO extends production capacity at Oberkirch plant

Progress-Werk Oberkirch AG has today added a new 9,200 kN press to the range of machinery installed at its Oberkirch site. The introduction of an additional high-performance press bears testimony to PWO's success  ... more

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October 5, 2007 (Press release)

PWO honoured for lean production

Progress-Werk Oberkirch AG has been presented with the coveted Automotive Lean Production Award within the "Domestic SME" category. The award is the brainchild of Agamus Consult, ... more

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October 2, 2007 (Press release)

PWO extends activities in Czech Republic and establishes wholly-owned subsidiary in China

The international expansion strategy pursued by Progress-Werk Oberkirch AG has been well received by the market as a whole. Customer awareness of PWO as a strategic partner and global supplier has increased significantly, and   ... more

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August 1, 2007 (Press release)
PWO announces encouraging business performance in first half-year

On the back of a solid start to the year, Progress-Werk Oberkirch AG was able to maintain its forward momentum in the second quarter of 2007 and can now look back on an encouraging performance in the first six months  ... more

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May 8, 2007 (Press release)

PWO records solid start to FY 2007

Progress-Werk Oberkirch AG has begun the 2007 financial year with a solid performance. Benefiting from a steady stream of exports, the company managed to expand its business over the course of the first three months, particularly in Europe. Overall, the Group ... more

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April 11, 2007 (Press release)

PWO confirms preliminary figures for 2006 financial year

Confirming its preliminary figures published on February 13, 2007, Progress-Werk Oberkirch AG today presented its annual report for 2006. Group revenue rose to EUR 225.3 million (2005: 219.7), while total output edged up to EUR 227.0 million (2005: 221.1). EBIT... more

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March 1, 2007 (Ad hoc)

Dividend proposal

The Management of Progress-Werk Oberkirch AG has decided in its meeting today to propose to the Supervisory Board an increase of the dividend per share for the Fiscal Year 2006 from EUR 1.10 to EUR 1.20 in the meeting for the adoption ... more

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February 28, 2007 (Press release)

PWO secures major contract in Europe

Progress-Werk Oberkirch AG has been chosen as a supplier by one of the world's leading carmakers. As part of the contract, the Oberkirch-based company will develop and manufacture cockpit module carriers for a new vehicle platform encompassing several models ... more

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February 13, 2007 (Press release)

PWO continues growth in 2006 financial year

In line with its forecast, Progress-Werk Oberkirch AG yet again managed to boost its revenues and earnings in the financial year just ended. Based on preliminary figures for the Group as a whole, revenue climbed from EUR 219.7 million in 2005 to approx. EUR 225.3 million in the ... more

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