Financial Overview
|
(in million euros) |
| |
FY2010 |
FY2009 |
Rate of
Change (%) |
Factors |
| Overall |
| Sales |
375.1 |
204.4 |
83.5 |
- |
| Operating income |
16.2 |
(19.6) |
- |
- |
Business Overview
-Increase in investments to the level of 30M euros, split between the French factories, UK and Bulgaria. This new equipment prepares us for start-ups in 2011/ 2012 of 8 new cylinder heads, for FORD, RENAULT, GENERAL MOTORS and AUDI.
-The Company conquers new market shares by obtaining two additional orders for development and production for General Motors and Volvo. The sales of these new engines will start from 2013 and 2014.
