REG - CT Automotive Group - Investor Presentation

CT AutomotiveAnnouncement

20/05/2024 07:00

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RNS Number : 0056P  CT Automotive Group PLC  20 May 2024

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
(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                                         Via Novella

 Simon Phillips, Chief Executive Officer

 Anna Brown, Chief Financial Officer

 Liberum (Nominated Adviser and Broker)                Tel: +44 (0)20 3100 2000

 Richard Lindley

 Novella Communications (Financial Public Relations)   Tel : +44 (0)20 3151 7008

 Tim Robertson, Claire de Groot, Safia Colebrook       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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