Announcements

Dettingen/Erms (Germany), December 3, 2024: Georges Mourad took over as head of the Aftermarket division at ElringKlinger AG on December 1, 2024. He follows Dirk Willers, who had managed the division since April 1, 2015, and was appointed to the ElringKlinger Group's Management Board effective October 1, 2023.

Dettingen/Erms (Germany), November 27, 2024: The automotive industry is facing a period of profound transition. The move towards electromobility has seen the emergence of new market players, while value chains and demand are changing worldwide. As part of its SHAPE30 transformation strategy, automotive supplier ElringKlinger AG has been reviewing its product groups for future viability. The findings of these assessments form the basis for its global site strategy. Against this background, the Management Board has resolved to discontinue operations at the Thale site.

Dettingen/Erms (Germany), November 12, 2024: ElringKlinger AG (ISIN DE0007856023 / WKN 785602) has published its results for the third quarter of 2024. The Group generated revenue of EUR 440.8 million (Q3 2023: EUR 451.6 million) in the third quarter of 2024. Adjusted for currency effects, revenue in the third quarter of 2024 amounted to EUR 452.2 million, which corresponds to slight organic revenue growth of 0.1% compared to the same period of the previous year. In the first nine months of 2024, Group revenue totaled EUR 1,351.1 million (9M 2023: EUR 1,408.1 million). In organic terms, nine-month sales were 2.6% lower than in the same period of the previous year. Alongside the direction taken by foreign exchange rates, changes in customer call-off volumes relating to individual series production projects for e-vehicles and in the area of commercial vehicles had a dampening effect on Group revenue.

Dettingen/Erms (Germany), October 29, 2024: EKPO Fuel Cell Technologies GmbH (EKPO) delivered the first fuel cell stacks to Belgian system integrator MITIS SA (MITIS) in a multi-year development project. It is part of the HYGUANE project which targets the production of renewable and low-carbon hydrogen from electrolysis of water powered by a solar farm to fuel Ariane 6, H2 vehicles and power generators.

Dettingen/Erms, October 7, 2024 +++ The automotive industry is in a state of far-reaching transition, underlying conditions are in constant flux, and significant investment is required to remain competitive. In ElringKlinger's case, this applies primarily to products in the area of thermal and acoustic shielding, particularly in Europe and North America. Against this backdrop, the Group has taken the strategic decision to divest itself of its two companies in Sevelen (CH) and Buford, GA (USA). To this end, ElringKlinger today signed an agreement on the sale of the aforementioned entities with the Certina Group, which has already gained extensive expertise in the automotive supply industry through its subsidiaries.