Bilbao, 7.5.2025 - CIE Automotive today released its results for the first quarter of 2025 during the General Shareholders' Meeting, held at the Euskalduna Palace in Bilbao.
During the event, the company announced that it has closed its first quarter of the year with the best result in its history, despite a complex geopolitical, economic and Sectorial context. Turnover was 1,013 million euros, with EBITDA - gross operating profit - of 192 million euros, up 7%, representing 19% of sales, and EBIT - net operating profit - of 146 million euros, up 9%, representing 14.4% of sales.
In addition, the company achieved a profit of 94 million euros, with an operating cash flow generation of 126.1 million euros, which implies a 68% EBITDA to operating cash conversion ratio, reflecting robust and sustained profitability.
During his speech, Jesús María Herrera, CEO of CIE Automotive, emphasised that, “In a demanding environment, we continue to stand out for our ability to generate value in a solid and consistent manner. Operating margins are reaching industry-leading levels, thanks to an efficient and balanced management across all the geographies where we operate”.
He adds, “With a strong operating cash flow and debt at its lowest levels, we continue to strengthen our financial position to face the upcoming challenges with confidence”.
