1、AdvancingwithoutlimitsANNUAL REPORT 20242ANNUAL REPORT 2024Chairman and CEOs statementWho we are,what drives usOur proven modelMilestones Financial performance One step closer to our targetsSocial advances all along the value chainEnvironmental advances Advances on governance About this reportWho we
2、 are,what drives usOur proven modelMilestonesFinancial performance One step closer to our targetsSocial advances all along the value chainEnvironmental advancesAdvances on governance12345678|Chairman and CEOs statementAbout this report3ANNUAL REPORT 2024Chairman and CEOs statementWho we are,what dri
3、ves usOur proven modelMilestones Financial performance One step closer to our targetsSocial advances all along the value chainEnvironmental advances Advances on governance About this reportDear friends of CIE Automotive:We ended 2024 surer than ever about our ability to overcome challenging business
4、 environments.Against the backdrop of global automotive industry contraction and transformation,marked by major decarbonisation and sustainability challenges,at CIE Automotive we continued to advance towards the ambitious commitments set down in our 2025 Strategic Plan.For us,it is a privilege to sh
5、are our key achievements in 2024 and the enabling strategies in this years Annual Report.Despite the macroeconomic,regulatory and geopolitical uncertainty,which led to a 1%contraction in global sector production,CIE Automotive managed to lift its revenue to 3.96 billion and post a record profit of 3
6、25.7 million,underpinned by margin expansion(specifically an EBITDA margin of 18.4%),disciplined investments and our sound financial and tax policies.Our strong performance in 2024 cements our position as one of the sectors most profitable players and evidences our ability to generate value in a sus