Revenues and profits have declined at Dowlais Group against a "challenging environment". The specialist engineering firm's proposed combination with an American giant - ...

The U.K. engineering group said Wednesday that its pretax loss narrowed to 215 million pounds ($275.1 million) from a loss of 522 million pounds in 2023. The company in January agreed to a 1.16 ...

Engineering group Dowlais has seen revenues drop by 6.4%, after high volatility in the battery electric vehicle (BEV) market.

Dowlais reported a drop in full-year profit and revenue on Wednesday, citing significant headwinds faced by its ePowertrain ...

Dowlais Group PLC on Wednesday said it remains focused on accelerating the transition to a "powertrain-agnostic business model" as it posted a reduction in 2024 revenue. Dowlais is the London-based ...

The transaction is comprised out of cash and share component, with American Axle being the surviving entity here, while investors in Dowlais combined will hold 49% of the shares in the new entity.

Q4 2024 Earnings Call Transcript February 14, 2025 American Axle & Manufacturing Holdings, Inc. reports earnings inline with expectations. Reported EPS is $-0.06 EPS, expectations were $-0.06.

The bridge financing has been successfully syndicated to a broad group of financial institutions in the form of a $843 ...

American Axle & Manufacturing (AAM), (NYSE: AXL) is pleased to announce that it has reached an agreement with the board of the Dowlais Group plc (Dowlais), (LON: DWL) on the terms of a recommended ...

DETROIT, Feb. 24, 2025 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) has announced the successful syndication of the bridge financing to support the announced ...

Today's call is not intended and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy securities of AAM or Dowlais in any jurisdiction where such offers or ...