20
September 2024
CT Automotive Group PLC
("CT Automotive" or
the "Group")
Notice of Results and
Investor Presentation
CT Automotive, a leading designer,
developer and supplier of interior components to the global
automotive industry, is pleased to confirm that it will announce
its financial results for the half year ended 30 June 2024 on
Thursday, 26 September 2024.
Simon Phillips, Chief Executive
Officer and Anna Brown, Chief Financial Officer, will provide a
live presentation and Q&A relating to the Interim Results via
PI World on 26 September 2024, 11:00AM BST.
To attend, please register with PI
World via this link: https://bit.ly/CTA_HY24_results_webinar
Enquiries:
|
CT
Automotive
Simon Phillips, Chief Executive
Officer
Anna Brown, Chief Financial Officer
|
Via
Novella
|
|
Singer Capital
Markets Advisory LLP (Nominated Adviser and Broker)
Steve Pearce, Alex Bond, James Todd
|
Tel: +44 (0)20 7496
3000
|
|
Novella
Communications (Financial Public Relations)
Tim Robertson, Claire de Groot, Safia
Colebrook
|
Tel : +44 (0)20 3151
7008
ctautomotive@novella-comms.com
|
Notes to editors
CT Automotive is engaged in the
design, development and manufacture of bespoke automotive interior
finishes (for example, dashboard panels and fascia finishes) and
kinematic assemblies (for example, air registers, arm rests,
deployable cup holders and storage systems), as well as their
associated tooling, for the world's leading automotive original
equipment suppliers ("OEMs") and global Tier One
manufacturers.
The Group is headquartered in the UK
with a low cost manufacturing footprint. Key production facilities
are located in Shenzhen and Ganzhou, China complemented by
additional manufacturing facilities in Mexico, Türkiye and Czechia.
CT Automotive's operating model
enables it to pursue a price leadership strategy, supplying high
quality parts to customers at a lower overall landed cost than
competitors. This has helped the Group build a high-quality
portfolio of OEM customers, both directly and via Tier One
suppliers including Forvia and Marelli. End customers include
volume manufacturers, such as Nissan, Ford,
GM and Volkswagen Audi Group, and premium luxury car brands such as
Bentley and Lamborghini. In addition, the Group supplies all
our customer base with a range of products for PHEV and BEV
platforms and supplies electric car
manufacturers, including Rivian and a US based major EV
OEM.
The Group currently supplies
component part types to over 57 different models for 22 OEMs. Since
its formation, the Group has been one of the very few new entrants
to the market, which is characterised by high barriers to
entry.
