Profit almost doubled for Sogefi in 2022, but the sale of the US bottom filter division at a price higher than the entire capitalization of the company is giving the stock wings
The Renault-Nissan-Mitsubishi alliance is the world leader in the BEV sector and the new component guarantees the improvement of the battery temperature regulation circuit, increasing its efficiency and duration.
Thud of Sogefi (Cir group) on the Stock Exchange after the bad quarter which led to the resignation of CEO Guglielmo Fiocchi.
Yesterday the company signed an agreement with Porsche for the supply of oil filtration systems. The agreement allows Sogefi to broaden the customer base and in particular to increase its presence in the medium term on…
The automotive components company of the Cir group closes the first half of 2014 with losses of 7,33 million euros, against the profit of the same period last year of 16,2 million - The causes, explains De Benedetti, are from…
The revenues of Sogefi, the engine and components company of the Cir group, are growing: in the first quarter of 2014 they rose to around 340 million, +2,9% on the previous period (+9% at stable exchange rates) - EBITDA, EBIT and net result influenced in…
Disappointing results for Sogefi, a subsidiary of De Benedetti's Cir group, which this morning at the opening of the Stock Exchange already lost more than 5% to 3,98 euros - The Cir stock on the Sorgenia case was also muted.
The investment will be approximately 40 million dollars - Sogefi's goal is to establish itself among the leading manufacturers of suspension components and engine systems in the country, reaching revenues in China of over 2017 million dollars in 100,…
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.
The Cir group company has successfully completed a 'US private placement of bonds' with leading US institutional investors.
However, the result is down compared to the profits of 15,2 million recorded in the same period last year and is mainly linked to the reduction in the result of the L'Espresso publishing group and to a lesser extent of Sogefi - Turnover in…
The Cir group company which operates in the automotive components sector closes the half year with growing results thanks to the activities of Systèmes Moteurs acquired in the second half of last year - Revenues quadruple in the USA - Brazil slows down…
Operating results improving for the group controlled by De Benedetti in the first quarter, which benefited from the partial recovery of the financial markets - Revenues growing thanks to the energy-healthcare-industrial sector - The reduction in margins is due to the profitability…
Sales, despite the slowdown in the global economy, were driven in the fourth quarter by the acquisition of Systèmes Moteurs, consolidated in August, and by the organic growth of the business - The group's expansion in non-European countries continues: revenues up significantly in North…
Ebitda rose by 18,6% (76,5 million), while revenues increased by 20,8% (829,8 million) - According to the Cir group company, "the positive results obtained by the group should be confirmed also for the 2011 financial year".
The automotive components company communicates data for the period January-June 2011: revenues of 526,6 million, operating profit of 41,4 million and net debt of 167,6 million - The company has signed an agreement to buy the group …
The agreement, which will see the French group pass under the control of the Cir company, is worth 150 million euros.