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CIE Automotive increases net profit by 39% during the first semester reaching 115 million euros

26/07/2017

CIE Automotive maintains its excellent behaviour during the first six months of 2017, reaching 115.1 million euros net profit, 39% more than during the first semester of the previous year. This means that the company continues beating its own records as well as market’s expectations.

The Group has had a turnover of 1.794,0 million euros, 33% higher than in June 2016, being 15% of this growth purely organic.

 

Concerning the Automotive unit, the organic growth is specially remarkable being 17%, versus a global growth of the market of 3%.

 

Click here to read the press release in Spanish.

Click here to see the Earnings release presentation.

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