Report
Anthony Dick ...
  • Michael Foundoukidis

CIE Automotive : A high-quality profile worth having in a still-fragile market

>Results in line, no guidance for 2022 - CIE reported Q4 results ahead of its guidance but in line with expectations, as it once again outperformed on both growth (11.5pts on FY 2021) and margins (best-in-class profitability and already above pre-crisis levels). In keeping with its cautious approach and given the limited visibility on the sector, the group has given no guidance for 2022 (but it could provide some at the AGM/Q1 earnings presentation), merely indicatin...
Underlying
CIE Automotive S.A.

CIE Automotive is the parent company of an industrial group formed by several companies that are engaged in the design, manufacture and sale of automobile component and sub-units on the world market. In addition, Co. is also engaged in the bio-fuels business which is in the initial stages of development and is made up of various companies devoted to the production and distribution of bio-fuels.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Anthony Dick

Michael Foundoukidis

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