CIE Automotive : Another good release at every level
>Solid Q1 and scenario more than underpinned - CIE once again reported a solid set of figures for Q1 2022 (sales +11% y-o-y/Net Income +5%), well ahead of expectations (+6% vs the consensus sales, +10% for EBIT, +16% for net profit), confirming its strong growth momentum and best-in-class profitability (Q1 EBIT margin of 12%). In an environment still offering little visibility for auto suppliers, the group still does not provided guidance for 2022, but this release l...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.