MONTUPET SA : Montupet- press release

information fournie par Actusnews •23/09/2015 à 07:00

Press release - Clichy, September 23, 2015

Press release

In answer to questions that it has received, the Montupet Group confirms that it is not affected by the problems currently faced by the Volkswagen Group.

The Montupet Group supplies only Audi-brand V6 cylinder heads to the Volkswagen Group, which are not concerned by the antipollution standards which apply to in-line 4 engines to Montupet's knowledge.

In addition, the Group reconfirms the solidity of its order book, of its growth and of its profitability. To the best of its knowledge, the forecast for the end of 2015 indicate that results will be in line with its objectives of growth and profitability.

Montupet also confirms the excellent forecasts for 2016, based on the excellent forecast of its customers for the European and North American markets.

Next publication : Third quarter 2015 turnover, October 14, 2015 after the closure of the markets.

About Montupet

The Montupet Group specialises in the design and production of highly-stressed cast aluminium components, principally for automotive applications. Since 1987, the Group has pursued a strategy of international development, resulting in a world-wide presence with seven production sites in France, Spain, Northern Ireland, Bulgaria, Mexico and India. Montupet is today a key supplier to global automotive manufacturers such as Renault-Nissan, VW-Audi, BMW, GM and Ford. In 2014, Group turnover came to 451,8 M€ with 3300 employees throughout the world.

Montupet is quoted in Compartment B on the Euronext Paris stock exchange and is eligible for the French PEA and PEA-PME investment products.
Montupet is part of the SBF 120, CAC Mid & Small, CAC PME and EnterNext PEA-PME 150 indices and is eligible for SRD.

ISIN code: FR0000037046 - Mnemo : MON - Bloomberg : MON:FP - Reuters : MNT.PA

Contact

Marc Majus, Directeur Général Délégué

E-mail : m.majus@montupet.fr - Tél. : +33 (0)1 47 56 47 56

Plus d'information sur www.montupet.fr