EDAG Engineering Group AG (ED4.DE)
EDAG Engineering Group AG operates in the Auto - Parts industry of the Consumer Cyclical sector, headquartered in Arbon, TH, CH. The stock last traded at $3.12, up 1.96% on the session, giving a market capitalisation of $117.0M. Its beta of 0.00 implies it has historically moved less than the broad market.
EDAG Engineering Group AG is a global engineering firm dedicated to the conceptualization and development of automobiles, their variants, sub-assemblies, and manufacturing plants for the automotive and heavy-duty vehicle sectors. The company is structured into three main divisions: Vehicle Engineering, Production Solutions, and Electrics/Electronics. The Vehicle Engineering division offers expertise in areas such as spatial arrangement and user comfort, body construction, aesthetic surfacing, and internal and external design elements. It also creates specialized commercial vehicles, various door and cover mechanisms, and illumination systems including headlights, taillights, and smaller lights, alongside advanced material science and weight reduction techniques. This segment further handles the comprehensive integration of vehicle functions, including rigorous validation through testing of individual parts, modules, powertrains (engines, motors, transmissions), and entire vehicles. Its services extend to crafting models and complete vehicle concepts, encompassing styling, idea generation, and design, as well as constructing prototypes, sub-components, and car bodies for hands-on validation of systems, complemented by project management and advisory services on quality assurance. The Production Solutions division delivers services related to vehicle body fabrication, intelligent factory concepts, designing products for ease of manufacturing, coordinated technical infrastructure and factory layouts, bespoke production systems, and integrating smart logistics, digitalization, and connectivity within manufacturing processes, in addition to process consultation, CAx tool development, and comprehensive conceptualization and implementation support. The Electrics/Electronics division focuses on engineering electrical and electronic systems, with specific services including designing system architectures and communication networks, core systems engineering, embedded software solutions, information technology services, system integration and validation, ensuring functional safety and cybersecurity, and managing process and product data. Established in 1969, EDAG Engineering Group AG is headquartered in Arbon, Switzerland, and operates as a subsidiary of Aton Austria Holding GmbH.
EDAG Engineering Group AG is most often compared with the following Consumer Cyclical names: