AGM Statement

CT Automotive Group plc ("CT Automotive" or the "Group"), a leading designer, developer, and supplier of interior components to the global automotive industry, is holding its Annual General Meeting ("AGM") today at 9.00 a.m. at which it will provide the following statement:

"To date in 2025, CT Automotive has made meaningful progress and continued its strategic development for future growth. Despite ongoing disruptions in the automotive industry exacerbated by the introduction of tariffs, we are on track to meet FY25 market expectations for profitability. Anticipated sales growth will be slightly softer than expected but this has been offset by further improvements in our gross margin position.

We are investing heavily in our Mexican facility, with over $3.4 million allocated to capital expenditures in FY25. This investment underscores our confidence in the secured business pipeline that will drive our growth.

While the situation continues to evolve, to date the introduction of global tariffs has been managed effectively, with only limited impact on our operations and financial performance. Our proactive approach ensures that any additional costs are seamlessly passed on to our customers or absorbed without disruption.

A good run of customer wins in the last six months means we have increasing visibility over the remainder of FY25 and into FY26. Our longer-term growth pipeline remains strong and our sustained investment in AI, automation and digitization continues to be a key part of our strategy to enhance gross profit margins. With our strong foundation, ongoing innovation, and commitment to efficiency, CT Automotive is poised for continued success in 2025 and beyond."

In the video below, CEO Simon Philips provides his overview of this statement

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Investor Presentation

Simon Phillips, Chief Executive Officer and Salman Mohammed, Chief Financial Officer, will provide a short presentation following the completion of the AGM via Investor Meet Company on 26 June 2025, at approximately 9:10 BST.