Quarterly Comment SMRP BV

​SMRP BV, the main contributor in revenues and EBITDA (65%) of the India-based automotive supplier Motherson Group, posted once again, a strong set of 3Q16/17 results (ended Dec-31). Revenue growth did not show any slowdown as the ramp up in new plants, consequent to previous new order book wins, favorably contributed to the performance. Therefore, this quarter’s 12% growth to €1,163m was consistent with the 13% rise in Q2 and 11% increase in Q1. On the back of higher revenues...