BME:CIEAuto Components
How Record Sales and EV-Ready Focus at CIE Automotive (BME:CIE) Has Changed Its Investment Story
CIE Automotive India reported its highest ever quarterly sales and double-digit growth in both revenue and profit, underpinned by robust demand and an expanding product focus on EV-ready components, exports, and localized manufacturing.
The company’s recent dividend payout signals confidence in its financial position, while European sales benefited from a favorable exchange rate movement and ongoing recovery in global automotive demand.
We'll explore how CIE Automotive's record sales and...