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Cir: Sogefi, revenues growing in the first nine months of 2013, +0,6%

Sogefi (Cir group), active in the automotive components sector, closed the first 9 months of the year with revenues up by 0,6% to 1,01 billion euro. Net income also rose, while growth continued in non-European countries.

Cir: Sogefi, revenues growing in the first nine months of 2013, +0,6%

Positive results for the first nine months of 2013 for Sogefi, a company of the Cir group. Revenues over 1 billion which recorded a +0,6% (+4,5% at stable exchange rates), an EBIT of 65,8 million (+24%) and a net profit of 23,8 million (+9,4, XNUMX%). Data disclosed in a press release from the company

In the third quarter, net income grew by 23,6% to a total of 7,6 million. The growth of the group also continues in non-European markets, the note reads, the weight of which on revenues in the nine months rose to 35,8% of the total (32,9% in 2012), mainly thanks to sales in North America (+ 20,8% to 138,8 million, equal to 13,7% of the total) and in Asia (+31,4%).

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