Detail akcie Nexteer Automotive online

Business Summary: Nexteer Automotive Group Limited is an investment holding company. It is engaged in the design and manufacture of steering and driveline systems, advanced driver assistance systems (ADAS) and automated driving (AD) and components for automobile manufacturers and other automotive-related companies. Its operations are in the United States, Mexico, the People’s Republic of China (China), Poland, India, Morocco and Brazil. The principal markets for its products are North America, Europe, South America, China and India. Its product line includes electric power steering & steer-by-wire, steering columns, driveline, hydraulic power steering, software and megatrend alignment. Its power steering & steer-by-wire includes Column Assist Electric Power Steering, Intermediate Shafts, Premium Eps Rack & Pinion Gears, Modular Power Packs, Single & Dual Pinion Assist EPS and others. Its steering columns include Power Tilt & Telescope, Power Rake & Telescope, Manual Rake & Telescope and others.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Nexteer Automotive Group Ltd revenues increased 10% to $4.21B. Net income decreased 37% to $36.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Disposal of property, plant & equipment increase from $876K to $4.3M (expense), Other finance costs increase of 81% to $3.7M (expense).