Interiors supplier Grupo Antolin said sales of EUR3,850m in the first nine months of 2019 was less than the EUR3,905m in the same period the year before.
But the supplier claimed sales continue to outperform worldwide automotive production because of new projects launched, especially in the United States and the Czech Republic. Worldwide automotive production declined by 5.8% to the end of September.
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EBITDA reached EUR307m in the first nine months of 2019 but the company did not provide a comparison which, according to our archive, was EUR254m.
"The results have been achieved in a challenging market that has continued to be affected by major uncertainties, such as Brexit, and the fall of key markets, like China," the supplier said.
The overheads business unit reached sales of EUR1,438m (EUR1,416m in 2018) and doors achieved EUR1,423 (EUR1,322m). Cockpits & consoles booked EUR733m (EUR803m) and the lighting business unit EUR248m (EUR254m).
By territory, sales in Europe reached EUR1,931m (EUR1892m); and in the NAFTA region, EUR1,484m (EUR1377m). Sales in Asia were EUR339m (EUR434m), and in Mercosur, EUR62m (EUR66m).
