CIE Automotive (CIE) investor relations material

Key highlights and business overview

• Achieved record 2025 results with €3,958m turnover, €746m EBITDA (18.9% margin), and €543m net income, reflecting strong operational efficiency and financial discipline.

• Global presence with 119 manufacturing facilities, 12 R&D centers across 17 countries, and a diversified customer base, limiting dependence on any single client or region.

• Multi-technology approach covers aluminum/iron casting, machining, forging, stamping, plastics, and roof systems, enabling flexibility and alignment with evolving automotive trends, including electrification.

• 31% of 2025 sales related to electrified vehicles (XEV), outpacing market penetration, with 30% of new orders for XEVs.

• Shareholder remuneration includes a progressive payout policy (33% until 2025, 42% in 2026, 50% from 2027), dividends, share buybacks, and a partial tender offer in 2025.

Financial performance and balance sheet

• Maintained high profitability across all regions, with EBITDA margins ranging from 18.2% to 19.8% and EBIT margins from 12.4% to 16.5%.

• Net financial debt reduced to €912.8m (1.18x EBITDA), lowest in six years, with strong operating cash flow conversion (>70% of EBITDA in 2025).

• Liquidity position strengthened, with €1,852m available at year-end 2025 and a disciplined capex approach focused on ROI ≥20%.

• Total shareholder remuneration for 2021-2025 reached approximately €550m.

Business model and strategic pillars

• Six cornerstone principles: geographical balance, commercial diversification, multi-technology, investment discipline, decentralized management, and ESG integration.

• Decentralized management structure enables fast decision-making, local empowerment, and value generation.

• Investment discipline ensures capex efficiency and high EBITDA-to-cash conversion, supporting growth and deleveraging.