Italy: Sogefi reports 31% net income growth in 2011

Sogefi has reported details of its financial performance in 2011 showing year-on-year double-digit revenue and earnings growth, partly helped by the acquisition of Systèmes Moteurs S.A.S from Mark IV Automotive, the business being consolidated as from 1 August 2011. Revenue in 2011 totalled €1,158.4m (US$1.53bn), an all-time high and 25.3% above Subscribe to Automotive World … Continued

• By Webmaster
• February 23, 2012