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Press Release

ElringKlinger to open new Battery Center in the USA

Dettingen/Erms, June 25, 2024 +++ ElringKlinger opens a new Group site in Easley in Pickens County in the northwest of the US state of South Carolina. Thomas Jessulat, CEO of ElringKlinger AG, met the Governor of the US state, Henry McMaster, on Monday evening to discuss the current status of plans for the site. ElringKlinger will primarily manufacture battery technology products at the new facility and plans to develop the site into a battery hub for its activities on the American market.

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Press Release

Merger of Elring Klinger Motortechnik GmbH into ElringKlinger AG

ElringKlinger AG intends to take over the assets of Elring Klinger Motortechnik GmbH, its wholly-owned subsidiary with registered office in Idstein/Taunus, as a whole and without its liquidation by way of a merger by absorption.

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Press Release

EKPO fuel cell stack for power supply unit at Amsterdam Airport

Dettingen/Erms (Germany), June 4, 2024 +++ EKPO Fuel Cell Technologies GmbH (EKPO) and Dutch system integrator zepp.solutions B.V. are extending their collaboration. Having already provided zepp.solutions with stacks for applications in the field of logistics as well as for use in construction machinery and multiple maritime projects in recent years, EKPO is now supplying another NM5-evo fuel cell stack.

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NM5-evo fuel cell stack
Press Release

ElringKlinger Annual General Meeting approves unchanged dividend

Dettingen/Erms (Deutschland), May 16, 2024: The shareholders of ElringKlinger AG today approved all items on the agenda by a large majority at the 119th Annual General Meeting, which was held as a virtual event. In total, 72.0% of voting share capital was represented at the Annual General Meeting. The Supervisory Board and Management Board had proposed to the Annual General Meeting that the dividend for the 2023 financial year be kept unchanged and paid out at 15 cents per share. The AGM approved this proposal with a large majority of 99.7%.

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Press Release

ElringKlinger enjoys solid start to 2024 financial year

Dettingen/Erms (Germany), May 7, 2024: ElringKlinger AG (ISIN DE0007856023 / WKN 785602) has published its results for the first quarter of 2024. The Group generated revenue of EUR 465.3 million in the period just ended (Q1 2023: EUR 487.7 million). Exchange rates caused a headwind of 0.8%, as a result of which the decline in revenue in organic terms, i.e., assuming stable exchange rates, amounted to 3.8%. In the same period, global automotive production shrank by 0.8%, while Europe recorded a downturn of 2.5%.

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