Bilbao - ICN Automotive today presented the results of the first quarter of 2025 during the holding of its General Shareholders' Meeting, which took place at the Euskalduna Palace in Bilbao.

During the event, the company announced that it has closed its first quarter of the year with the best result in its history, despite a complex geopolitical, economic and sectoral environment. The turnover was 1,013 million euros, with an EBITDA and gross operating result of 192 million, 7% more, and which represents 19% on sales, and an EBIT net operating result of 146 million, 9% more, and which represents 14.4% on sales.

In addition

Throughout his speech, Jesus Maria Herrera, CEO of CIE Automotive stressed that, in a demanding environment, we stand out again for our ability to generate value in a solid and consistent way. Operating margins reach leading levels in the sector, thanks to efficient and balanced management in all the geographies where we operate.

And he adds, With a robust operating box and a minimum debt, we continue to strengthen our financial position to confidently face the next challenges.

(C) 2025 Electronic News Publishing, source ENP Newswire