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EDAG Engineering Group AG Financial Results Q1 2023 | Strong Order Intake & Sustained Growth Potential with IR

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Excerpt

Discover the Q1 2023 financial results of EDAG Engineering Group AG, a leading independent engineering services provider in the global mobility industry.

 

Join IR Sebastian Lehmann as he presents key highlights, including strong order intake, revenue growth, and EBIT margin development. Gain insights into the company’s segments, such as Vehicle Engineering, Electrics/Electronics, and Production Solutions, and their interdisciplinary expertise in software and digitalisation.

 

Learn about EDAG’s expectations for 2023 and the challenges and uncertainties they face due to geopolitical conflicts, energy price and wage cost developments, and personnel availability.

Company Profile

The EDAG Group is the world’s largest independent engineering service provider to the global mobility industry. We regard mobility as a fully integrated ecosystem, and offer our customers technological solutions for more sustainable, emission-free and intelligently networked mobility. With a global network of some 60 branches, EDAG provides engineering services in the Vehicle Engineering, Electrics/Electronics and Production Solutions segments.

 

With our interdisciplinary expertise in the fields of software and digitalization, we possess the key skills to help actively shape the dynamic transformation process the mobility industry is currently undergoing. Digital features, autonomous driving, artificial intelligence, alternative powertrains, new mobility concepts and the vision of a networked smart city have become an integral part of our portfolio. Embedded in EDAG’s own 360° degree approach to the development of complete vehicles and production facilities, we are a competent partner for sustainable mobility projects. It is in the DNA of the company to actively shape the future of mobility and transfer new technologies and concepts into series production. Today, EDAG is one of the TOP 20 IT service providers in the German mobility sector.

 

Our customers include leading international OEMs, tier 1 suppliers and startup companies from the automotive and non-automotive industries, all of whom we serve globally with our workforce of approximately 8,400 experts in 360-degree engineering.

 

In 2022, the company generated sales of € 796 million. On December 31, 2022, EDAG employed a global workforce of 8,412 (including apprentices).

EDAG Engineering Group AG

Schlossgasse 2, 9320 Arbon, Switzerland

CH +41 71 544 33 – 11
GER +49 611 7375 –168

Chapters

  • Market Environment
  • Key Highlights Q1 2023
  • Revenues
  • Ebit
  • Eat And Equity
  • Headcount And Capex
  • Trade Working Capital
  • Cash Flow
  • Net Financial Debt W/. And W/O. Leasing
  • Outlook

Resources

Host

Sebastian Lehmann
Head IR | EDAG Engineering Group AG

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