Last €146.00 EUR
Change Today +8.69 / 6.33%
Volume 4.9K
As of 4:15 AM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

mgi coutier (MGIC) Snapshot

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04/4/14 - €150.00
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mgi coutier (MGIC) Details

MGI Coutier SA manufactures and sells automotive components in France and internationally. The company operates in six divisions; Articulated Systems, Avon Automotive, Closing Systems, Fuel Systems, Mechatronic, and Powertrain. It provides doorstops and hinges mechanism products comprising side doors, cargo doors for commercial vehicles, tailgates, and boot products; and pedal boxes and under-bonnet mechanisms, which include left hand drives, right hand drives, dual controls, ESP brackets, stop sheath, and particle filter brackets. The company also offers hoses, connectors, degas bottles, thermostat housing, by-pass EGR actuator tubes, turbo, clapets, ABS, and exhaust air injection products. In addition, it provides locks and strikers mechanism products, such as bonnet, boot, sliding doors, and cargo doors; and interior and exterior door handles, and boot products, as well as caps for fuel tanks and containers. Further, the company offers low-pressure diesel engine common rails, pipes for tank, under the body shell and engine bays, fuel vapor pipes, ABS, and exhaust air injection products for fuels and other fluids; and tanks, dosing pumps, and protective casings for additive systems. Additionally, it offers tanks, pumps, jets, telescopic jets, rapid connectors, and pipes for windscreen fluid; and tanks, dosing pumps, and heated pipes for catalytic reduction systems. The company also provides manifolds, turbo inlet and outlet ducts, and intercoolers for air intake; air filters and cartridges for filtration systems; cam covers, blow-by heating connectors, and pipes for oil vapors; and ventilation of battery compartments and cooling systems for the temperature regulation. In addition, it distributes various products that consist of cables, parts for washer systems, and electrical parts, as well as operates in spare parts sales service business. MGI Coutier SA was founded in 1972 and is headquartered in Champfromier, France.

7,494 Employees
Last Reported Date: 10/24/13
Founded in 1972

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mgi coutier (MGIC) Key Developments

MGI Coutier SA to Report Fiscal Year 2013 Sales/Trading Statement Results on Feb 12, 2014

MGI Coutier SA announced that they will report fiscal year 2013 sales/trading statement results on Feb 12, 2014

MGI Coutier SA Reports Earnings Results for the Six Months Ended June 30, 2013; Provides Earnings Guidance for the Year 2013

MGI Coutier SA reported earnings results for the six months ended June 30, 2013. For the period, the company has posted sales of €348.1 million against €352.6 million a year ago. Income from ordinary activities was €28.5 million against €21.5 million a year ago. Operating income was €29.1 million against €20.9 million a year ago. Profit before tax and non-recurring items was €28.4 million against €19.1 million a year ago. Group share of consolidated net income was €19.6 million against €14.3 million a year ago. For the full year, the Group is on target to post a slight increase in consolidated sales at constant exchange rates, with favorable momentum outside Western Europe and at Avon Automotive. The company's full-year earnings will also continue to rise, and significant capital expenditure and R&D will be maintained.

MGI Coutier SA Reports Unaudited Consolidated Sales Results for the Second Quarter and First Half Ended June 30, 2013; Provides Earnings Results for the Full Year of 2013

MGI Coutier SA reported unaudited consolidated sales results for the second quarter and first half ended June 30, 2013. For the quarter, consolidated sales increased 3.7% to EUR 177.4 million, against EUR 171.1 million in the year-earlier period. This growth was driven by a sharp increase in Avon Automotive Europe's business and by the strong performance of the entities outside Western Europe. For the first half, sales were EUR 348.1 million against EUR 352.6 million a year ago. For the full year, the Group is on target to post an increase in consolidated sales, with favourable momentum at Avon Automotive and outside Western Europe. MGI Coutier's full-year earnings should also continue to rise, even though capital expenditure will remain particularly heavy.


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