CT Automotive (CTA) full year 2021 results presentation - May 2022

CT Automotive's Founder & Chairman, Simon Phillips, CEO, Scott McKenzie and CFO, David Wilkinson, present the full year 2021 result for the period ended 31st December 2021.

CT Automotive are a leading designer, developer and supplier of interior components to the global automotive industry, They have delivered positive trading into 2022 and are well positioned as global vehicle production recovers.

2021 was a landmark year for CT Automotive who successfully completed their AIM IPO and achieved a positive trading performance.

They have made good progress in 2022 to date, with further new business wins and the new manufacturing plant in Mexico is on track to commence operations in early H2. While the global automotive supply chains continue to be disrupted, demand remains strong, and they are seeing customer schedules and visibility improving. The Board remains confident of meeting its expectations for the full year.

Looking ahead, they are well placed to build on their strong track record of growth, client relationships and manufacturing excellence as global semiconductor shortages ease and vehicle production volumes recover.

Simon Phillips, Founder & Chairman
00:18 – Introduction
00:49 – Agenda
01:11 – Introduction CT
03:32 – Growth Strategy

Scott McKenzie, CEO
05:49 – Business review

David Wilkinson, CFO
08:29 – Financial review

Simon Phillips, Founder & Chairman
10:53 – Progress against our growth plans
03:05 – Selected 2022 launches for CT
13:32 – Supply chain and production
15:09 – Market forecasts for 2023
16:07 – Summary

17:40 – Q&A

CT Automotive Group plc is a United Kingdom-based company that designs, develops and supplies interior components for the global automotive industry. Its interior components supplied are customized to each customer’s requirements and include both kinematic units and static parts. It also has sales and distribution capabilities across Europe, in the United States of America (USA) and in Japan. Its operating model combines Western design and engineering expertise with manufacturing capabilities to provide an integrated design through to production service. Its divisions include Tooling, Production and Head office. The Tooling division designs, development and sale of tooling for the automotive industry. The Production division is engaged in manufacturing and distribution of serial production kinematic interior parts for the automotive industry. Its engineering, design and development services offer packages whereby product development is managed from concept and design of parts.