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Grupo Antolin reached 5.2 billion euros of sales in 2016 and announces a record investment PDF Imprimir E-mail

In 2016, it achieved an EBITDA of 521 million euros and an EBIT of 339 million euros, with increases by 34% and 27%, respectively

in Grupo Antolín, 04-04-2017

During 2016 we consolidated as a platform of growth, innovation and leadership in the manufacture of the car interiors. Over last year we were present in 42 out of 154 launches that took place worldwide, almost one in three", stated Ernesto Antolin, Chairman of Grupo Antolin

The figure of investment announced for 2017 will be intended, mainly, to open new plants in the U.S. and China, as well as the maintenance of the effort that takes place annually in R&D&I

 


 

Grupo Antolin reached consolidated sales of 5,247 million euros in 2016, representing an increase by 50% over the previous year if we consider that it is the first full year after consolidating Magna Interiors, acquired in August, 2015.

EBITDA for Grupo Antolin in 2016 stood at 521 million euros, with an increase of 34%, while EBIT was 339 million euros, 27% higher. These results took place in a context of growth and bet on innovation to meet the challenges of the automotive industry: the new mobility, autonomy, digitalization and electrification.