Mahle says total 2013 sales increased 12.7% in comparison with the previous year to EUR6.9bn.
The company notes at EUR1.41bn, gross profit exceeded the previous year’s level, but recorded a decline to 20.3% in gross margin.
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Aside from regionally varied business development and significant negative exchange rate effects, the supplier adds changes to the consolidation group had a positive impact on the figure.
As of 30 September, 2013, the majority acquisition of the company’s shares in the former Behr Group was concluded. The unit now trading as MAHLE Behr was thus fully consolidated for the first time in the fourth quarter of 2013.
The automotive business of MAHLE Behr is incorporated within the new Thermal Management business unit.
Behr Thermot-tronik (BTT) and the joint ventures Behr-Hella Thermocontrol (BHTC) and Hella Behr Plastic Omnium (HBPO) are managed as the Thermostats and Valves, Control Units, and Front-end Modules profit centres.
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By GlobalDataThe MAHLE Group now consists of five business units and seven profit centres.
The changes to the consolidation group had a positive impact on sales of EUR957m.
As well as sales from MAHLE Behr from October, sales from the acquisition of the US company, RTI Technologies, for workshop equipment are also included in the number.
