{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"PIWORLD Investor Podcasts","title":"CT Automotive (CTA) Interim results presentation - September 2024","html":"","width":"100%","height":180,"duration":1932,"description":"CT Automotive CEO, Simon Phillips and CFO, Anna Brown present the group's results for the half year ended 30 June 2024, followed by Q&A.\nSimon Phillips, CEO00:16 - Introduction00:34 - About CT Automotive\nAnna Brown, CFO03:16 - HY24 Financial highlights\nSimon Phillips, CEO05:18 - HY24 Operational highlights\nAnna Brown, CFO07:06 - Income statement09:13 - Revenue bridge10:41 - Gross profit margin bridge12:26 - Adjusted EBITDA bridge13:47 - Balance sheet14:42 - Net debt bridge16:17 - ESG\nSimon Phillips, CEO17:09 - Operational review19:23 - Automation20:31 - Outlook\n22:00 - Q&A\nCT 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.\nThe 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.\nCT 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.\nThe Group currently supplies component part types to over 57 different models for 22 OEMs. Since its...","thumbnail_url":"https://img.transistorcdn.com/oB5fNE4aIAia_YyTCKvE1PzrZQaD1Fjo_P7m7T9Aw_Y/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9kOTJi/ODBiMzBmOGFhZWJi/MWEzYThkMzAyNmZm/MTdjZi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}