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mercredi 22 mai 2024
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IEE Hits Record Sales Turnover despite Challenging Times for the Automotive

Thanks to investment in RD and manufacturing, as well as growing demand for vehicle interior sensing solutions, IEE S.A. maintains a profitable position on the market amidst global instability.   High energy prices, high inflation, high interest rates, geopolitical challenges, and economic recession – the overall climate has not been particularly favorable to the automotive industry. Nevertheless, IEE Group (which includes ALL Circuits, acquired in 2016, delivering electronics manufacturing services) has continued to grow its revenue significantly. IEE Group managed to generate a total revenue of 682,4 million euros in 2023, an increase of 24,6% compared to 2022 (547,8 million Euros). EBITDA is at 64,5 million euros, which means a progress of 60,5% compared to 2022 ...
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