- Leading manufacturer of electric powertrains is well positioned to benefit from global e-mobility growth market
- Positive first half of the year: €4.4 billion sales (HY1 2020: €3.4 billion, +29 percent), €3.8 billion order intake, of which €1.8 billion for electrification products
- HY1 2021 adjusted EBIT of €84.2 million (HY1 2020: -€218.1 million, +€302.3 million)
- Adjusted EBIT margin: 1.9 percent (HY1 2020: -6.4 percent)
- Expansion of the electrification business fully on track
- Future Supervisory Board with 16 members announced, Professor Siegfried Wolf becomes designated Chairman of the Supervisory Board
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The Vitesco Technologies headquarter in Regensburg, Germany.
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CEO Andreas Wolf explains how Vitesco Technologies will be able to seize opportunities on the growing e-mobility market better after becoming independent on September 16.
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Werner Volz, CFO Vitesco Technologies, is feeling positive about the recent business figures.
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CEO Andreas Wolf believes that after the first two quarters of the year, which were very successful, Vitesco Technologies is on track to reach its goals.
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