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CT Automotive Group Plc ( (GB:CTA) ) has issued an announcement.
CT Automotive Group plc has announced the immediate resignation of its Chief Financial Officer, Salman Mohammed, with Group Head of Finance Anshul Gupta and Group Financial Controller Victoria Thomas assuming responsibility for day-to-day financial operations, reporting directly to the board with support from Senior Independent Non-Executive Director Geraint Davies. Despite the sudden leadership change in the finance function, the board signalled confidence in the underlying performance of the business, indicating that full-year 2025 revenues are expected to be in line with market expectations and that net debt stood at $7.7m at year-end, with a more detailed trading update to follow, suggesting operational stability and continued progress in its price-led global automotive components niche.
The most recent analyst rating on (GB:CTA) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on CT Automotive Group Plc stock, see the GB:CTA Stock Forecast page.
Spark’s Take on GB:CTA Stock
According to Spark, TipRanks’ AI Analyst, GB:CTA is a Neutral.
The score is supported by improving profitability/cash generation and very low valuation (P/E 2.90), but is held back by weak technicals (below key moving averages, negative MACD, very low RSI) and the recent revenue decline.
To see Spark’s full report on GB:CTA stock, click here.
More about CT Automotive Group Plc
CT Automotive Group plc is a UK-headquartered manufacturer specialising in bespoke automotive interior finishes and kinematic assemblies, such as dashboard panels, fascia finishes, air registers, arm rests, deployable cup holders and storage systems, along with associated tooling. Operating a low-cost manufacturing and design model with major facilities in China, Mexico, Türkiye, India, Europe, Asia and the US, the company supplies leading global automotive OEMs and Tier One suppliers, including Forvia and Marelli, across more than 55 vehicle models for 22 OEMs, spanning mass-market brands like Nissan, Ford, GM and Volkswagen Audi Group as well as premium marques such as Bentley and Lamborghini, and a growing roster of hybrid and electric vehicle manufacturers.
Average Trading Volume: 62,720
Technical Sentiment Signal: Strong Sell
Current Market Cap: £21.34M
See more insights into CTA stock on TipRanks’ Stock Analysis page.