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CIE Automotive registers EUR 129m profit, 59% increase compared with 2014

CIE Automotive gana 129 millones de euros en 2015, un 59% más que en 2014

Intel ID : 234166
Synopsis

CIE Automotive (BME: CIE), a manufacturer of car parts, registered a 59% increase in its profit, which was EUR 129m, and plans to double this number by 2020, as reporeted by the company through a relevant fact published by Securities Commission CNMV on 25 February 2016.

CIE Automotive's executives, Antón Pradera and Jesús María Herrera, said the basis to reach this goal will be to develop a diversified business model for clients, products and markets, with a "strict investment discipline and a decentralized management" to maximize its value.
(content in spanish)

CIE Automotive (BME: CIE), fabricante español de componentes de automoción, incrementó un 59% su beneficio neto en 2015, hasta alcanzar los EUR 129m, cifra que prevé duplicar en 2020, según ha señalado la propia compañía en un hecho relevante remitido a la Comisión Nacional del Mercado de Valores (CNMV) con fecha 25 de febrero de 2016.

Los directivos de CIE Automitive, Antón Pradera y Jesús María Herrera, señalaron que las bases para conseguir este objetivo estarán en el desarrollo de su modelo de negocio diversificado por clientes, productos y mercados, en una “estricta disciplina inversora y en una gestión descentralizada” para maximizar el valor.

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Intel ID 234166
Value ND
Native Currency Euro (EUR)
Financial Data - CIE Automotive
(31 Dec 2023)
Revenue: EUR 4.116,30m
EBITDA: EUR 713,20m
Net Debt: EUR 1.329,57m
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Name
verified
Subsector (Old TTR Sectors)
Industry / Steel, Metallurgy and Industrial Production (Primary)
Industry / Automotive and Recreational Vehicles
Primary Sector (TTRSC)
35.07.07 Industrial Machinery & Equipment
35 Industrials / 35.07 Manufacturing

Secondary Sectors (TTRSC)
35.02.02 Automotive Parts & Accessories
35 Industrials / 35.02 Automotive

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