CIE Automotive : CMD offers no breaking news, but confirms the group's ambitions
>Not much new information but ambitions confirmed - CIE yesterday afternoon held its CMD, an opportunity for the group to reiterate its strategy, its 2021 guidance, and to set out new ambitions for 2025. The new mid-term guidance marks a continuation of its historical performance and is consistent with existing guidance. In particular, we note average outperformance of 40bp, and an EBITDA margin of 19%. CIE is looking to continue to take advantage of its diversificati...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.
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