CIE Automotive’s H1 net profit up 20% y/y to USD160.7 million

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Financial results

Company expects automotive net profit to reach EUR300 million in 2020

Spain-based supplier CIE Automotive has reported a 20% year-over-year (y/y) increase in net income to more than EUR138 million (USD160.7 million) for the first half as on 30 June 2018, according to a company press release yesterday (25 July).

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