ElringKlinger posts Q1 2022 revenue at USD459.33 million, up 2.5% y/y

Financial results

ElringKlinger has declined to share FY 2022 forecast due to global uncertainties

German automotive components supplier ElringKlinger AG has reported its first quarter FY 2022 revenue at EUR434.6 million (USD459.33 million), recording a 2.5% y/y growth despite several global challenges such as semiconductor bottlenecks and supply chain volatility amid the Russia–Ukraine conflict that continue to impact the industry.

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