Preh sales up 7.8% y/y in 2018 to USD1.5 billion

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Financial results

Company starts 2019 on subdued note and amid continuing increase in cost pressure

German automotive supplier Preh has reported 7.8% year-over-year (y/y) increase in sales to EUR1.32 billion (USD1.5 billion) in the financial year ended 31 December 2018, the company said in a press release on 10 April. The company also reported 7.1% y/y growth in new orders compared to a year earlier.

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