CT Automotive Group Plc (GB:CTA) has released an update.
CT Automotive Group PLC reports a promising first half of 2024 with production demand meeting expectations and a positive outlook for margin improvements due to efficiency initiatives. The company anticipates additional revenue streams from new program launches with major clients, including Ford and Rivian. The financial outlook for 2025 and beyond remains positive with potential business growth and expansions in China, Mexico, and Turkey.
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