• PWR's Managing Director Kees Weel to step down, remain as Non-Executive Chairman
• New global headquarters at Stapylton, Queensland completed
• PWR awarded Queensland Exporter of the Year in 2025
• Solid FY2025 performance despite challenges, strong order book for FY2026

PWR Holdings Ltd (ASX: PWH) has provided an update on its 2025 Annual General Meeting, including addresses from the Chairman, Managing Director, and Acting CEO. Key highlights include:- Managing Director Kees Weel will step down from his role and transition to Non-Executive Chairman, with Matthew Bryson appointed as Acting CEO. Weel will continue to guide PWR's strategy and growth plans.- The company has completed the relocation to its new global headquarters in Stapylton, Queensland, a facility that will support PWR's growth over the next 25+ years. The team successfully moved the bulk of machinery, equipment, and almost 400 staff from the previous Ormeau site.- PWR was awarded Queensland Exporter of the Year in the Premier of Queensland Export Awards, and is now in the running for the Australian Export Award.- For the 2025 financial year, revenue was down 6.7% to $130.1 million, in line with guidance, reflecting OEM contract completions, relocation costs, and investment in the next phase of growth. Cash conversion remained robust, and the balance sheet is strong with modest leverage.- Looking ahead, PWR enters FY2026 with a strong order book across Motorsports and Aerospace & Defence, and continues to see growth in its Emerging Technologies solutions. The company has scaled its operational capability to support global growth.- PWR's strategic priorities include innovation, profitable growth, sustainability, and investing in its people. The company is focused on efficiency gains, cost optimization, and sustainable practices.

For the 2025 financial year, revenue was $130.1 million, down 6.7% year-over-year. The declines in EBITDA and NPAT reflected OEM contract completions, relocation costs, and investment in the next phase of growth.

PWR enters FY2026 with a strong order book across Motorsports and Aerospace & Defence, and continues to see growth in its Emerging Technologies solutions. The company has scaled its operational capability to support global growth, positioning it well for profitable growth in the future.