Investment Case & Forecasts

Investment Case

PWO sets itself apart with innovative components and subsystems for a wide range of automotive applications. More than 90 percent of PWO’s revenue is independent of a vehicle’s type of drivetrain. We enjoy the highest reputation from our customers for our worldwide delivery capabilities with the maximum in quality and reliability. This is how we built our first-class market position. 

Our current focus is on strengthening our profitability through a variety of cost reductions and far-reaching process improvements. In this way, we will be able to manage the Group through the structural change in the automotive industry. This is how we intend to persuade investors.


Business development in 2019Forecast 2020
RevenueEUR 458.6 million~EUR 350 million
EBIT before currency effectsEUR 22.2 Millionnegative
Free cash flowEUR 15 millionsignificantly below prior year
Equity ratio30.1 %significantly below prior year
Dynamic leverage ratio (net debt/EBITDA)2.9 yearsvisibly higher than in prior year
Investments according to segment reporting excluding the effect from the first-time adaption of IFRS 16EUR 33.9 millionsignificantly below prior year
Lifetime new business volume (series and tool orders)EUR 510 millionNot yet clear whether a volume of more than EUR 500 millionen can be achieved

Managing your cookie settings

We use cookies to provide you with an optimized website experience. These are small text files that are stored on your computer. They include cookies for the operation and optimization of the website as well as cookies for services, such as the display of share prices or Google Maps as well as content based on your online usage behavior. They enable the system to tell if you repeatedly visit our website from the same device. We want to give you the choice of which cookies are permitted.

Show details

Required cookies
These cookies are required to enable you to navigate through the websites and use key functions.
Required cookies make the basic functions of the website possible.

Analytical cookies
These cookies help us to improve our understanding of user behavior.
Analysis cookies enable the collection of usage and recognition possibilities by first or third providers, in so-called pseudonymous usage profiles. For example, we use analysis cookies to determine the number of individual visitors to a website or service and to analyze user behavior based on anonymous and pseudonymous information on how visitors interact with the website. A direct conclusion to a person is not possible.

Further information