Spanish auto components major Cie Automotive’s nine-month operating profits soared 54% to €47.3m, fueled by strong demand from international markets.
Revenues increased 19% to €656m.
Rising demand form emerging markets in Brazil, Czech Republic and Mexico (which account for 20% of Cie’s sales), and operational efficiencies, helped boost the bottom line, the company said.
Ivan Castano

US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData