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20 May 2024 07:00
CT Automotive Group PLC
("CT Automotive" or the "Group")
Notice of Investor Presentation
CT Automotive, a leading designer, developer and supplier of interior components to the global automotive industry, is pleased to announce that Simon Phillips, Chief Executive Officer, and Anna Brown, Chief Financial Officer, will provide a live presentation relating to the Final Results via Investor Meet Company on 22 May 2024, 10:30 BST.
The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 21 May 2024, 09:00 BST, or at any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add to meet CT AUTOMOTIVE GROUP PLC via:
https://www.investormeetcompany.com/ct-automotive-group-plc/register-investor
Investors who already follow CT AUTOMOTIVE GROUP PLC on the Investor Meet Company platform will automatically be invited.
Enquiries:
CT Automotive Simon Phillips, Chief Executive Officer Anna Brown, Chief Financial Officer
| Via Novella
|
Liberum (Nominated Adviser and Broker) Richard Lindley
| Tel: +44 (0)20 3100 2000 |
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.
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