Author: thadmabe59843271

Preh achieves 2021 targets in a difficult market

Preh CEO “Charlie” Cai promotes “shoulder-to-shoulder cooperation” in 2022 between carmakers and suppliers By: Preh, Inc. NOVI, Mich. – April 14, 2022 – PRLog — In the past fiscal year, Preh generated sales of EUR 1.34 billion (2020: approx. EUR 1.2 billion). The automotive supplier was thus able to just meet the targets it had set for itself in an extremely difficult market environment. As the external conditions are likely to remain tense in 2022, CEO Zhengxin “Charlie” Cai sees high-cost burdens for the company and the industry as a whole. Preh’s earnings are also in line with expectations. EBITDA ... Read more