WashTec AG (WHTAF)
WashTec AG operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Augsburg, BV, DE. The stock last traded at $57.30, up 0.00% on the session, giving a market capitalisation of $764.9M. On trailing twelve-month figures it carries a trailing P/E of 17.37, a net margin of 6.0%. Its beta of 0.78 implies it has historically moved less than the broad market.
Founded in 1885 and based in Augsburg, Germany, WashTec AG delivers comprehensive car wash solutions across Europe, North America, and the Asia Pacific. The company manufactures and supplies a diverse array of washing systems, including automatic roll-over units, self-service bays, and specialized equipment for commercial vehicles, alongside complete wash tunnels and essential peripheral devices like water reclaim systems. In addition to hardware, WashTec provides a full suite of support services such as equipment maintenance, upgrades, and spare parts. They also offer digital solutions, car wash chemicals under their Auwa brand, and car wash management expertise. Furthermore, financial services like leasing and financing are available to clients. WashTec's broad customer base includes petroleum companies, convenience stores, and various filling station operators, as well as dedicated car wash businesses, automotive repair shops, supermarket chains, and both road freight and public transport fleet operators.
WashTec AG is most often compared with the following Industrials names: