Last €17.07 EUR
Change Today -0.54 / -3.08%
Volume 800.0
CEA On Other Exchanges
As of 3:35 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

friwo ag (CEA) Snapshot

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03/2/15 - €18.02
52 Week Low
09/29/14 - €12.95
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friwo ag (CEA) Details

FRIWO AG, together with its subsidiaries, manufactures and supplies power supplies and chargers. The company’s products are used in various applications in the fields of household appliances, power and machine tools, IT and communications, and industrial automation, as well as in measuring, weighing, building, lighting, and medical equipment. It also offers electronic manufacturing services. The company was formerly known as CEAG AG and changed its name to FRIWO AG in 2009. FRIWO AG was founded in 1967 and is headquartered in Greven, Germany. FRIWO AG is a subsidiary of VTC Industry Holding GmbH & Co. KG, Munich.

Founded in 1967

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friwo ag (CEA) Key Developments

FRIWO AG Reports\ Earnings Results for the First Half of 2014; Provides Earnings Guidance for 2014

FRIWO AG reported earnings results for the first half of 2014. For the period, the company suffered a drop in first-half operating profit due to negative currency effects and extra costs. EBIT fell to EUR 1.2 million from EUR 1.7 million. Adjusted for currency effects, EBIT came in at EUR 1.5 million. In addition to the appreciation of the euro against the U.S. dollar, the performance was burdened by additional expenses related to quality problems with a product. These effects could not be fully offset by the 10% reduction in sales and administrative expenses. First-half revenue grew 1.2% to EUR 58.3 million bolstered by growth in the E-mobility, charging equipment and LED units. The company predicts a slight revenue increase and stable earnings in 2014. Last year, revenue totaled EUR 113.9 million and EBIT stood at EUR 3.1 million.

FRIWO AG to Report Nine Months, 2014 Results on Nov 12, 2014

FRIWO AG announced that they will report nine months, 2014 results on Nov 12, 2014

FRIWO AG to Report Q1, 2014 Results on May 07, 2014

FRIWO AG announced that they will report Q1, 2014 results on May 07, 2014


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