GKN Automotive owner Dowlais Group's sales were hit by volatility in the electric vehicle market last year ahead of its £1.2billion sale to a US rival. The automotive engineering specialist ...
Revenues and profits have declined at Dowlais Group against a "challenging environment". The specialist engineering firm's proposed combination with an American giant - ...
Dowlais reported a 4.2% decline in adjusted operating profit to £324m, driven primarily by lower volumes and a £9m loss from the sale of its Hydrogen operations. The GKN Hydrogen business was ...
Dowlais - which was formed from the demerger of Melrose Industries' GKN Automotive, GKN Powder Metallurgy and GKN Hydrogen businesses - announced in January that it had agreed to be taken over by ...
Its mindset has also shifted from ‘buy, improve, sell’ to ‘design, deliver, improve’, following the spin-off of Dowlais (DWL) in 2023, which took with it GKN’s automotive, powder metallurgy and ...