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HPW Metallwerk Reports Strong Financial Growth in 2024/2025
HPW Metallwerk GmbH, a leading manufacturer of high-performance copper wires, announced significant growth for the financial year 2024/2025. Revenue increased from EUR 158.2 million in 2023/2024 to EUR 183.4 million, with a substantial 44% increase in the automotive sector, reaching EUR 93.3 million. E-mobility applications accounted for 50.9% of total sales, driven by strong demand for innovative high-tech wires used in advanced electric motors.
The company's products, which include insulated busbars and PEEK-insulated flat wires, are known for their efficiency and durability, supporting the rapid development of electric commercial vehicles. HPW secured high-volume orders for these products with a major international OEM, beginning in 2025.
HPW completed a capital increase to boost its growth strategy and plans to expand internationally, particularly targeting the US market. New production lines at the Garsten site will commence operations this year.
R. E.
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