Mahler released its 218 financial report, with earnings before interest and tax exceeding 5.9 billion.

Pacific Auto Network New Car Channel Recently, German Mahler Company, an auto parts manufacturer, released its financial report for 218. The Group's total sales before adjustment was 12.6 billion euros (equivalent to about 97.8 billion yuan), down slightly by 1.6% year-on-year, and its main business achieved a growth of 4.4%. In 218, the operating performance reached 614 million euros (equivalent to about 4.73 billion yuan), and earnings before interest and tax 773 million euros (equivalent to about 5.96 billion yuan), and the profit margin before interest and tax increased from 2.8% to 6.1%. It is reported that the growth mainly comes from the disposal income.

Mahler said that due to tariff and trade disputes, rising raw material prices, the uncertainty of Brexit and other factors, the sales trend in 219 is expected to show a downward trend. Mahler is optimizing operational efficiency by improving cross-functional cooperation and streamlining processes, while striving to reduce management costs, comprehensively examining the entire development process and involving suppliers.

Mahler

In September 218, the Global Automotive Electronics R&D Center in Valencia, Spain, was completed and opened to develop automotive electronics related products and technologies for sustainable travel. In addition, the first electric compressor factory in Gyarmath, Boloso, Hungary was officially opened. In addition to automotive engineering, Mahler also began to focus on the business of travel charging facilities.

in February, 219, Mahler obtained the patent license of WiTricity Company for packaging magnetic vibration technology, and Mahler gradually began to transform into a wireless charging supplier for electric vehicles.

Up to now, Mahler has built about 14 charging piles in its stations in Stuttgart, Germany. As the first external customer, Stuttgart Airport has also erected 11 charging piles on the tarmac for the internal fleet of the airport. (Text: Pacific Auto Network Yang Yaqi)