Novem Group publishes 2025/26 annual report

  • Novem Group SA published its annual report for FY 2025/26, flagging a difficult automotive market with volatile demand and delayed programme launches.
  • New business momentum continued, adding premium programmes in Europe and the Americas, securing additional Chinese awards, entering two-wheelers with Harley-Davidson.
  • Management cited weaker call-offs, slower ramps, production interruptions at OEMs, driving a renewed focus on cost controls and restructuring at German sites.
  • Refinancing extended syndicated loan facilities to June 2028, paired with a planned € 90 million reduction in term debt to support deleveraging.
  • Diversification accelerated, stepping into aviation, creating a Future Lab unit, scaling production digitalization, progressing toward climate targets after reaching German GHG neutrality.


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