Cie automotive

Companies 23rd October 2025

CIE Automotive posts €266.2 million profit, new record high for first nine months of a financial year

Link Securities | CIE Automotive (CIE) presented its results for the first nine months of the financial year (9M2025) on Wednesday, from which we highlight the following aspects: CIE achieved a turnover of €2,974.0 million between January and September, representing a 1.3% year-on-year decline (up 2.0% at constant exchange rates versus 1.0%; market). Breaking down turnover by geography, Europe contributed €1,057.7 million (35.6% of the total), followed by North America…

European economy 3rd June 2024

CIE Automotive and EIB sign €36m loan for RD+I

Link Securities | The European Investment Bank (EIB) and CIE Automotive (CIE) have signed a €36 million loan to finance the company’s research, development and innovation activities and their application in the manufacture of high value-added components for the automotive sector. The funding will also support CIE’s investments in process optimisation through digitisation and the development of more sustainable manufacturing technologies. The investments will be carried out at the company’s…

Ibex 27th September 2019

CIE Automotive acquires the Italian company Somaschini for 5x ebitda

Cie Automotive will acquire 100% of the social capital of Somaschini S.p.A. The enterprise value is 79.6 million euros, equivalent to less than five times EBITDA for this year, and will be adjusted at closure of the deal depending on its indebtedness, as is usual in this type of operation.

Ibex 21st May 2019

CIE Automotive renews a loan of 690 M€ until 2024

At the close of Q12019 CIE signalled that it’s net financial debt has risen to 943.6 M€, which implies a NFD/EBITDA ratio of 1.74X. Positive news for the firm, as it has more funds to increase the loan and extend repayment to 2024.

Interviews 27th June 2017

“CIE Automotive has always emerged stronger from crises”

Fernando Barciela | “In the 2008 crisis, the only car assembly industry where production expanded was in Spain. It’s only through crises that you find maximum efficiency. They are good for making everyone react and put every effort they can into improving the production chain. In fact, in CIE we are always going through some crisis or other,” explains Jesús María Herrera Barandiarán, CEO of CIE Automotive.

Spanish Small & Mid Caps 3rd November 2016

CIE Automotive Earns 25% More; Shares Still Have 7% Upside

Cie Automotive, the Spanish company which specialises in producing components for the automobile sector, registered a 25.5% rise in net profit to 123 million euros in the nine months to September from a year earlier. Link Securities has calculated a new valuation for the company which at current prices offers a potential upside for CIE’s shares of over 7%.

Spanish economy 28th October 2015

Car production In Spain Rises 26.7% In September

Car production in Spain rose 26.7% in September, as the country’s automotive plants assembled about 9,000 vehicles per day, their highest production level since April 2008.

Spanish Small & Mid Caps 18th June 2013

Spanish CIE Automotive midcap to be listed in Bombay’s market

MADRID | By Julia Pastor | Car components company CIE Automotive will merge its forging plants in Spain and Lithuania with Indian group Mahindra. The resultant company will be named Mahindra CIE. This strategic alliance will enable CIE to double its current sales of €1.6 million.

Companies 18th September 2012

Basque Cie Automotive signs joint venture with Donghua

The Spanish company’s Brazil division Autometal now owns 50 percent of Nanjing Forging, in which Donghua had a 96.75 percent stake. The joint venture deal cost Cie Automotive €17 million.