Thus, CIE has reported that in the first half of the year its turnover reached
The company has highlighted that it has suffered two critical months in April and May due to the general stoppage of productive activity due to the confinements, but that it has already recovered production levels of 60% in June, the month in which it has returned to the benefit already cash generation.
According to
For Herrera, the worst is over and the company is in a very favorable competitive position to benefit from this crisis, reinforcing its strategy as an integrating company that will continue to grow and increase market share.
Finally, he adds, 'If the current market forecasts for the rest of the year are met, the Group's second half will be better than the first in sales and margins, in addition to continuing with the deleveraging of the balance sheet and with compensation to the shareholder '.
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