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CIE Automotive Achieves Record Profit Amid Industry Challenges

Story Highlights
  • CIE Automotive reported a record net profit of 326 million euros for 2024.
  • The company achieved significant sales growth and improved operating margins, reducing debt to historic lows.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CIE Automotive Achieves Record Profit Amid Industry Challenges

CIE Automotive ( (ES:CIE) ) just unveiled an announcement.

CIE Automotive reported a record net profit of 326 million euros for 2024, showcasing resilience in a challenging automotive market. The company achieved significant sales growth and improved operating margins, with high cash generation reducing debt to historic lows, reinforcing its strategic market position.

More about CIE Automotive

CIE Automotive is a prominent player in the automotive industry, focusing on the production of automotive components and systems. The company is recognized for its strong market positioning as a global supplier in the automotive sector.

YTD Price Performance: 1.92%

Average Trading Volume: 888

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €2.86B

Find detailed analytics on CIE stock on TipRanks’ Stock Analysis page.

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