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Montupet S.A. Business Report FY2011
Business Highlights
Financial Overview |
(in million euros) |
| FY2011 | FY2010 | Rate of Change (%) |
Factors | |
| Overall | ||||
| Sales | 406.0 | 375.1 | 8.2 | 1) |
| Operating income | 21.7 | 16.2 | 34.0 | - |
Factors
1) Sales
-Sales in 2011 increased by 8.2% year-on-year to 406.0 million euros, due to the gain of market share within the context of a global increase in production of cars and light commercial vehicles.
Business Overview
-In the short term, the production of cylinder heads for Ford's "Sigma" engine in Northern Ireland and "Fox EcoBoost" in Bulgaria will rise to one million units annually, to be delivered to sites in the UK, Germany and Romania.R&D
R&D Expenditure |
(in million euros) |
| FY2011 | FY2010 | FY2009 | |
| Overall | 24.9 | 23.8 | 10.6 |
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