Dowlais Group PLC (GB:DWL) has released an update.
Dowlais Group PLC reports a steady performance in line with market expectations, despite a 6.1% decline in adjusted revenue this year. The company attributes the drop primarily to ongoing challenges in its ePowertrain sector, while its Driveline product line outperformed global light vehicle production outside China. The Group remains committed to its strategic priorities and anticipates achieving its full-year financial guidance with adjusted revenue decline and operating margin targets.
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